trawa raises €10M in a seed round led by Balderton Capital to simplify energy purchasing for SMEs using AI

May 15, 2024•over 1 year ago

Amount Raised

€10 Million

Round Type

seed

BerlinRenewable EnergyEnergyArtificial Intelligence

Investors

Tiny VcMagneticSpeedinvestAenuBalderton Capital

Description

Berlin-based trawa has raised €10 million in a seed round led by Balderton Capital. The funding will be used to further develop its AI-powered platform that simplifies energy purchasing and management for small and medium-sized enterprises (SMEs) by allowing businesses to buy from renewable energy sources and leveraging data from the customers regarding their energy needs.

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.

Related People

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Funding Insights

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