Sympower
Latest round
- Series B
Last raised
- Nov 2024
Total raised
- $35M
Investors
- 10
About Sympower
V. specializes in monetizing energy flexibility for industrial clients, battery energy storage systems, and renewable energy asset owners, optimizing energy usage and enhancing grid stability across Europe.V. was founded in 2015 and is headquartered in Amsterdam, Netherlands. The company focuses on demand response solutions for industrial businesses, optimizing energy efficiency through real-time balancing in various European energy markets. Simon Bushell serves as both the CEO and Founder, bringing experience from previous ventures.V. Sympower specializes in monetizing energy flexibility for industrial businesses, owners of battery energy storage systems (BESS), and renewable energy asset proprietors. Their core products include demand response solutions that improve energy efficiency and reduce costs through adjustments in energy consumption based on grid demands. By operating a virtual power plant, Sympower aggregates this flexibility and sells it across European energy markets, catering to diverse sectors such as chemicals, metallurgy, automotive, cement, agriculture, data centers, and pulp & paper industries. Sympower’s model pays participating customers by sharing revenue from TSOs and market programmes, passing payments on minus a small share for optimisation and trading services., floor/toll structures) and route-to-market and managed operations for flexible assets. Expansion includes scaling large-scale battery projects and strengthening positions in the Nordics and Greece.
Who invested in Sympower
10 investors across 4 rounds
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Questions about Sympower
Who invested in Sympower?
Sympower has 10 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Sympower raised?
Sympower has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Sympower last raise money?
Sympower's most recent round on record is a Series B, in Nov 2024.
What does Sympower do?
Sympower is a environmental services company.
Where is Sympower headquartered?
Sympower is headquartered in Amsterdam, Netherlands.
Which VCs invest in companies like Sympower?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back environmental services companies at Sympower's stage. Their profiles are linked below.
VCs backing environmental services startups at Series B
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