Podero raised €5.5 million in Seed funding led by Planet A Ventures to help utilities optimize energy pricing and reduce costs for flexible consumer devices.

Feb 06, 2025•10 months ago

Amount Raised

€5.5 Million

Round Type

seed

ViennaEnergy ManagementSolarRenewable EnergyEnergySoftware

Investors

Push VenturesPale Blue DotSystemiq CapitalPlanet A Ventures

Description

Podero, based in Vienna, has successfully closed a €5.5 million Seed funding round to enhance grid flexibility for utilities. The funding will be used to improve their platform that assists in reducing energy-related CO2 emissions and lowers electricity rates.

Company Information

Company

Podero

Location

Vienna, Vienna, Austria

About

Podero is a Vienna-based startup founded in 2022 that focuses on optimizing the operation of flexible consumer devices in the renewable energy sector. Their platform enables utilities to reduce energy costs and enhance grid stability by managing Distributed Energy Resources (DERs) such as heat pumps and EVs. By providing trading enablement and device steering capabilities, Podero aims to help utilities remain competitive in a rapidly evolving energy market. The company is built by experienced professionals with backgrounds in software engineering, data science, and engineering.

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