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Sympower raises €19M in extension funding led by PGGM to accelerate its BESS rollout and explore new M&A opportunities.

PRIVATESep 16, 2025•8 months ago

Amount Raised

€19 Million

Round Type

series b

AmsterdamEnergyRenewable Energy

Investors

Pggm

Description

Sympower, based in Amsterdam, has raised €19M in extension funding led by PGGM. Founded in 2015, the company aims to enhance its battery energy storage services and expand into new European markets. This round increases its total Series B1 funding to €42M. Sympower supports businesses and energy stakeholders in participating in balancing markets for a resilient energy grid.

Company Information

Company

Sympower

Location

Amsterdam, North Holland, Netherlands

About

Sympower accelerates Europe’s energy transition towards a climate-neutral future by providing flexibility services to support smarter, renewable energy systems. Our end-to-end services encompass BESS multi-market optimisation, demand response services, and optimisation for renewable energy providers. By managing over 2.5GW of energy assets across Europe, we’re enabling our customers and partners to generate long-term revenue. For over a decade, we have optimised hundreds of energy assets for dozens of industries on multiple European energy markets, providing customised solutions tailored to the needs of our customers and partners. As a route-to-market provider and optimiser, we prioritise the success of our customers and guarantee the biggest impact towards building a truly sustainable energy system.

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Strategic

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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