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Etpa raised €5.5M in a funding round led by 4impact capital, SET Ventures, and ABN AMRO Sustainable Investment Fund to expand its operations in the short-term electricity market.

PRIVATENov 11, 2024

Amount Raised

€5.5 Million

Round Type

Venture

AmsterdamEnergyRenewable Energy

Investors

Abn Amro Sustainable Investment Fund4impact CapitalSET Ventures

Description

Etpa has secured €5.5 million in new capital for expanding its operations in the short-term electricity market. The investment has been raised from a trio of Dutch funds, including new investor 4impact capital and existing investors SET Ventures and ABN AMRO Sustainable Investment Fund.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Etpa that raised within 45 days of this round, from Fundz verified event records.

  • Stratus Material raised $3M (Seed) on December 23, 2024.
  • LanzaTech Global raised $20M (Grant) on December 20, 2024.
  • Eguana Technologies raised $31K (Pre-Seed) on December 20, 2024.
  • 1KOMMA5° raised $155M on December 20, 2024.
  • Mojave Energy Systems raised $9.5M (Series A) on December 18, 2024.
  • Capstone Companies raised $495K (Seed) on December 18, 2024.

Who to call at Etpa, and when

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Company Information

Company

Etpa

Location

Amsterdam, North Holland, Netherlands

About

Etpa is a Dutch company that operates a platform for short-term electricity trading in The Netherlands and Germany. It enables various energy market participants, including battery companies and utility companies, to optimise their energy exposure through short-term trades. The platform offers access to spot-trading markets with features such as Intraday trading, congestion management, and day-after trading. Etpa is recognized as one of three designated power exchanges in its region.

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Etpa raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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