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Germany’s Trawa Raises €2.4 Million To Become The Renewable Energy Supplier

Mar 07, 2023•almost 3 years ago

Amount Raised

€2.4 Million

Round Type

seed

BerlinRenewable EnergyEnergyArtificial Intelligence

Investors

Alexandre Berriche, Founder And Ceo Of FleetTobias Schütt, Founder And Former Ceo Of Dz4Co Founder And Ceo Of WefoxJulian TeickeAnna Alex, Co Founder Of Planetly And OutfitteryThe DeltaTiny VcMagneticSpeedinvest

Description

Berlin-based trawa has raised €2.4 million in a pre-seed round aimed at helping the startup further develop its AI-based energy purchasing software. Specifically, trawa is targeting energy-intensive industries, offering cost savings of, according to the company, up to 20 percent per year.

Company Information

Company

trawa

Location

Berlin, Berlin, Germany

About

At trawa, we enable companies to source electricity from solar and wind farms with our innovative solution. Our products help decarbonize one of the largest sources of emissions - electricity consumption. In this way, they join a growing circle of best-in-class companies that want to live sustainability without compromising on cost and security.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers