Sympower
Energy Management · Smart Grid
Overview
Sympower aggregates industrial energy assets into a virtual power plant that balances the electricity grid. Factories earn revenue by shifting consumption within agreed limits. The company is headquartered in Amsterdam and operates across Europe.
Funding and backers
Total raised
$22.7M
2 rounds on record
Latest round
$22.7M
Venture round · Nov 2024 · 23 mo ago
Grants
$2.5M
1 grant · CORDIS
The money's age
Due for its next round
23 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
2 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Feb 7, 2025
On the Hacker News front page Baltic countries disconnect from the Russian power grid · 130 points
Nov 13, 2024
Raised a round Venture round $22.7M · TNW Sustainability
May 1, 2022
Won a grant $2.5M · CORDIS
2015
Founded
Tractionpublic signals, read monthly
Web presence
top 0.38%
of 133.2M domains by links, Common Crawl
Hacker News stories
1
best: 130 points
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Nov 2024 | $22.7M | — | TNW Sustainability |
| Grant | May 2022 | $2.5M | — | CORDIS |
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News
Dutch startup Sympower secures €21M to balance out the energy grid
Electricity grids around the world are struggling to adapt to the influx of renewable energies like wind and solar. Sympower has a fix.
Read more
Report
Offices
Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1