# Fever Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fever-energy

- Industry: Software
- Headquarters: Stockholm, Sweden
- Website: www.fever.energy
- Total disclosed funding: $11M
- Latest round: Seed (Feb 15, 2024)
- Investors on record: 3

## About

Founded in 2022 and based in Stockholm, Sweden, Fever Energy AB operates as a power technology company that offers hardware and software-as-a-service for virtual power plant operations. In February 2024, Fever Energy AB raised EUR 10 million in seed funding led by Venture Catalyst Partners, with participation from returning investors Norrsken VC and La Famiglia.  

Fever's flagship product is a platform for virtual power plants, which forms the cornerstone of its operations. The platform operates on the principles of autonomy, making millisecond decisions to optimize and balance power production and consumption. It harnesses the power of data aggregation, capacity modeling, market participation, orchestration, reporting, and settlements, Fever empowers energy asset owners to unlock the full potential of their assets.  

The company plans to use the seed funding to advance its expansion plans, bolster its product development, and expand its collaborations across Europe.

## Funding rounds

- Seed, Feb 15, 2024, $11M — General Catalyst Partners, La Famiglia, Norrsken VC

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed
- La Famiglia (https://capitalatlas.ai/funds/la-famiglia) — Seed
- Norrsken VC (https://capitalatlas.ai/funds/norrsken-vc) — Seed