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encosa
Germany · Climate tech · Industrial tech
Battery storage planning, financing and operation for commercial and industrial businesses.
Product
encosa helps businesses reduce electricity costs and earn revenue from battery storage. The Munich company designs storage projects, arranges financing, manages installation and operates the resulting systems for commercial and industrial customers.
Its software combines the customer’s energy consumption with market prices to decide when batteries should charge, discharge or provide capacity to electricity markets. Customers can buy, rent or lease systems, giving them different ways to fund the installation.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Seed equity and debt facility | €25M | Realyze Ventures — LeadBayern Kapital Innovationsfonds II — ParticipantBlum Ventures — ParticipantFirst Momentum Ventures — ParticipantHeliad — ParticipantKopa Ventures — ParticipantRedstone — ParticipantUnternehmerTUM Funding for Innovators — ParticipantVerve Ventures — ParticipantWEPA Ventures — Participant |