Encentive
Latest round
- Seed
Last raised
- Jun 2025
Total raised
- $10M
Investors
- 10
About Encentive
Based in Neumünster, Germany, and founded in 2019, Encentive GmbH is a developer of a platform for managing energy demand intended to assist industrial businesses in using energy at the most affordable and environmentally friendly times for them. The firm’s customers include Wernsing Food Family, Frigo, Peter Bade, Eurekfrost, Backshop, etc. The company's platform called flxOn utilizes artificial intelligence-based forecasting and automated energy flexibilization to ensure maximum efficiency and helps businesses reduce energy costs and emissions without requiring manual intervention or hardware investments. The company connects various plants and systems, providing analysis, forecasts, integration, and communication, and also supports clients through consultation, implementation, and operation, contributing to the vision of decarbonizing the industry.
Who invested in Encentive
10 investors across 2 rounds
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Questions about Encentive
Who invested in Encentive?
Encentive has 10 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Encentive raised?
Encentive has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Encentive last raise money?
Encentive's most recent round on record is a Seed, in Jun 2025.
What does Encentive do?
Based in Neumünster, Germany, and founded in 2019, Encentive GmbH is a developer of a platform for managing energy demand intended to assist industrial businesses in using energy at the most affordable and environmentally friendly times for them.
Where is Encentive headquartered?
Encentive is headquartered in Germany.
Which VCs invest in companies like Encentive?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Encentive's stage. Their profiles are linked below.
VCs backing software startups at Seed
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