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Dutch cleantech Withthegrid raises €3.5M to turbocharge Europe's smart grids future. The funding, which includes contributions from Move Energy and Rabobank, will enhance grid flexibility and support international expansion.
Amount Raised
€3.5 Million
Round Type
Seed
Investors
Description
Utrecht-based clean tech energy tech company Withthegrid has secured €3.5M in funding to enhance grid flexibility and real-time asset control. The investment includes €2M from Move Energy and €1.5M in debt financing from Rabobank and Nationaal Groenfonds, positioning the company for international expansion and product development. As Europe accelerates its shift to renewable energy, challenges such as grid congestion and secure data flows have become pressing concerns. Withthegrid’s Teleport Gateway tackles these challenges by enabling real-time control and seamless data integration for more than 450 asset types.
Fundz sees it the moment Withthegrid raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Withthegrid raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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