Sympower raised €21.3M in a Series B1 funding round led by A&G Energy Transition Tech Fund to scale its battery energy storage solutions and drive European expansion.
Amount Raised
€21.3 Million
Round Type
Series B
AmsterdamEnergyRenewable EnergyInvestors
Description
Amsterdam-based Sympower has secured €21.3 million in a Series B1 funding round to advance its battery energy storage solutions and pursue growth opportunities. The funding will also support the company's plans to diversify its offerings for industrial companies and renewable energy producers.
Quick answer
Sympower raised €21.3 Million in a Series B round, dated November 13, 2024. Investors: Expon Capital, European Investment Fund, Activate Capital, Rubio Impact Ventures, Pdenh and A&G Energy Transition Tech Fund. Sympower is based in Amsterdam, North Holland, Netherlands.
- How much did Sympower raise?
- Sympower raised €21.3 Million in a Series B round on November 13, 2024.
- Who invested in Sympower?
- Expon Capital, European Investment Fund, Activate Capital, Rubio Impact Ventures, Pdenh and A&G Energy Transition Tech Fund are named as investors in this round.
- What does Sympower do?
- Sympower accelerates Europe’s energy transition towards a climate-neutral future by providing flexibility services to support smarter, renewable energy systems.
- Where is Sympower based and how big is it?
- Sympower is based in Amsterdam, North Holland, Netherlands. Fundz records about 215 employees.
- Who are the decision-makers at Sympower?
- Fundz holds 2 contacts at Sympower. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Sympower 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 Sympower, and when
A new round usually means Sympower is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Sympower raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sympower, from your own LinkedIn network
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