# Reel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/reel-aps

- Industry: Renewable Energy
- Headquarters: Copenhagen, Denmark
- Website: www.reel.energy/
- Total disclosed funding: $23M
- Latest round: Series A (May 5, 2026)
- Investors on record: 4

## About

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. In May 2026, Reel ApS raised EUR 15 million in series A funding led by Future Energy Ventures, with participation from UVC Partners, Transition and The Footprint Firm.

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.

The company plans to utilize the May 2026 funding for expansion of its market.

## Funding rounds

- Series A, May 5, 2026, $18M — Future Energy Ventures, Unternehmertum Venture Capital, The Footprint Firm, Transition
- Seed, Jan 22, 2024, $5.4M — Unternehmertum Venture Capital, The Footprint Firm, Transition

## Investors

- Unternehmertum Venture Capital (https://capitalatlas.ai/funds/unternehmertum-venture-capital) — Seed, Series A
- The Footprint Firm (https://capitalatlas.ai/funds/the-footprint-firm) — Seed, Series A
- Transition (https://capitalatlas.ai/funds/transition) — Seed, Series A
- Future Energy Ventures (https://capitalatlas.ai/funds/future-energy-ventures) — Series A