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Rabot Energy secures $50M in Series B funding led by Endeit Capital to advance its virtual power plant initiative, aiming to connect one million customers.
Amount Raised
$50 Million
Round Type
Series B
HamburgInvestors
Description
Rabot Energy has raised $50 million in Series B funding led by Endeit Capital. The company plans to use the new capital to reach one million customers and expand its services throughout Germany. The investment also includes participation from Germany’s DeepTech & Climate Fonds and existing investors. Rabot Energy aims to group home batteries into a virtual power plant, optimizing energy use.
Fundz sees it the moment Rabot Energy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Funding Insights
What this usually meansRabot Energy 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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