Reel

Renewable EnergySeries ACopenhagen, Denmarkreel.energy

Latest round

Series A

Last raised

May 2026

Total raised

$23M

Investors

4

About Reel

Based in Denmark, and founded in 2020, Reel ApS operates as a climate tech company. The company was founded by its CEO Jon Sigvert, CTO Christian Randløv Schmidt, and CCO Anders Kjemtrup. Reel offers companies the chance to purchase electricity on terms that are beneficial to their bottom line. The company offers Power Purchase Agreement (PPA), which is a renewable energy purchase agreement signed between renewable energy developers and enterprises that purchase electricity for a long-term period. The platform provides multiple features, such as automated reporting, fixed pricing, green certificates, and more.

Who invested in Reel

4 investors across 2 rounds

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Funding rounds

  1. Series A

    May 5, 2026

    Amount

    $18M

    Investors

    Locked

  2. Seed

    Jan 22, 2024

    Amount

    $5.4M

    Investors

    Locked

Questions about Reel

Who invested in Reel?

Reel has 4 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 Reel raised?

Reel has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Reel last raise money?

Reel's most recent round on record is a Series A, in May 2026.

What does Reel do?

Based in Denmark, and founded in 2020, Reel ApS operates as a climate tech company.

Where is Reel headquartered?

Reel is headquartered in Copenhagen, Denmark.

Which VCs invest in companies like Reel?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back renewable energy companies at Reel's stage. Their profiles are linked below.

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