Fundz

Swedish grid startup Flower raised €25M in Series A funding led by Northzone to enhance predictability and flexibility of global energy systems.

PRIVATEAug 15, 2024

Amount Raised

€25 Million

Round Type

Series A

StockholmArtificial IntelligenceRenewable EnergyMachine Learning

Investors

Zebkei Invest82an InvestNorthzone

Description

Flower has secured €25 million in a Series A funding round led by Northzone, with participation from 82an Invest and Zebkei Invest. The funding will be used to build a future grid that integrates renewable energy solutions and supports their clients' energy storage infrastructure.

Quick answer

Flower raised €25 Million in a Series A round, dated August 15, 2024. Investors: Zebkei Invest, 82an Invest and Northzone. Flower is based in Stockholm, Stockholm County, Sweden.

How much did Flower raise?
Flower raised €25 Million in a Series A round on August 15, 2024.
Who invested in Flower?
Zebkei Invest, 82an Invest and Northzone are named as investors in this round.
What does Flower do?
In its pre-seed round, the startup raised $3.6 million.
Where is Flower based and how big is it?
Flower is based in Stockholm, Stockholm County, Sweden. Fundz records about 140 employees.
Who are the decision-makers at Flower?
Fundz holds 1 contact at Flower. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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

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

  • Ogre AI raised $3.3M (Seed) on September 11, 2024.
  • Quin AI raised $2M (Seed) on September 27, 2024.
  • TollBit raised $31M on September 27, 2024.
  • Koios raised $5M (Seed) on September 26, 2024.
  • aarna.ml raised $1.2M (Series A) on September 26, 2024.
  • Qarbotech raised $1.5M (Seed) on September 26, 2024.

Who to call at Flower, and when

A new round usually means Flower is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Flower raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Flower, from your own LinkedIn network

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Company Information

Company

Flower

Location

Stockholm, Stockholm County, Sweden

About

In its pre-seed round, the startup raised $3.6 million. Relying on a technique called federated learning, Flower doesn’t provide direct access to data, making it ostensibly “safer” to train on in situations where privacy or compliance are concerns. “Customers can build AI systems using Flower where user privacy is strongly protected, and yet they are still able to leverage more data than they ever could before …

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Flower raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Flower 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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