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SnerpaPower
Iceland · Climate tech · Enterprise software
SnerpaPower helps energy-intensive businesses forecast electricity demand, schedule consumption and sell available flexibility into power markets.
Product
SnerpaPower connects industrial operating data with electricity contracts and market signals. Its software forecasts loads, updates schedules and calculates flexibility bids while accounting for the production constraints set by each customer.
The Icelandic company serves businesses such as metals producers, data centres and power-to-X facilities. Operators can oversee multiple sites, monitor deviations from planned consumption and track electricity costs and market revenue in one system.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Seed investment and Vöxtur grant | €3.4M | Encevo — LeadBackingMinds — ParticipantCrowberry Capital — ParticipantIcelandic Technology Development Fund — Participant |