Funding round · Climate tech

Furo raises $4m in funding led by TQ Ventures

Neo, Sandberg Bernthal Venture Partners and CDTM Venture Capital joined the battery-software company’s financing.

Backing the next battery-software phase

Furo announced the $4 million financing on September 10, led by TQ Ventures with Neo, Sandberg Bernthal Venture Partners and CDTM Venture Capital participating.

The company’s development and market-expansion plans centre on software that connects forecasts with battery operation. Its platform forecasts electricity prices, weather and site consumption up to 48 hours ahead, then optimises charging, discharging and trading in real time.

Funding history

Funding round · This round$4M

Sources

  1. Furo raises $4M to build an operating system for industrial battery storagefuroenergy.com · Sep 10, 2026