Tag: battery
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Entrix raises €43M as contracted battery storage portfolio reaches 3GW
Battery optimisation company Entrix today announced two critical milestones. It has raised €43 million in funding and reached 3 GW / 8.5 GWh of contracted battery storage capacity. Of the contracted portfolio, 2 GW will be live and operational during 2026. Entrix operates a large and growing portfolio of battery storage systems across Europe, with read more
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Capalo AI raises €11M to expand battery storage optimisation
Finnish sustainable technology company Capalo AI has completed an €11 million Series A funding round to support the expansion of its AI-powered virtual power plant across Europe and to scale the optimisation and trading of battery energy storage systems. The round was led by Heartcore Capital, with participation from Tesi (Finnish Industry Investment), existing investors read more
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The rise of battery storage as an infrastructure asset
As renewable generation expands and conventional baseload plants retire, electricity supply has become more volatile — amplifying price swings and increasing pressure on grid stability. Battery energy storage systems (BESS) address this imbalance by absorbing excess power when generation is high and discharging it when demand peaks. In doing so, they stabilise the grid, reduce read more
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FION Energy secures €1.4M for AI-optimised battery systems
Berlin-based cleantech startup FION Energy has closed a €1.4 million pre-seed funding round, led by HTGF and Norrsken Evolve, with participation from experienced business angels. Most industrial companies want to reduce their energy costs but face significant technical complexity and high operational effort. FION addresses this by offering an end-to-end solution, from site analysis and read more
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