Ecoplanet Raises €16 Million for Solution for Companies to Optimize Use of Green and Affordable Energy
Energy management software provider ecoplanet announced that it has raised €16 million in a Series A funding round, with proceeds aimed at supporting the expansion of its AI-powered energy orchestration solution across Europe to help companies drive energy efficiency and manage the complexities of the energy transition.
Founded in 2022, Munich-based ecoplanet provides an AI-powered intelligent energy procurement software solution, integrating supply- and demand-side on-site processes and machines with the energy market, aimed at helping businesses to reduce energy costs, automate processes, and ensure regulatory compliance.
Among the key capabilities of the solution highlighted by ecoplanet is the ability to enable companies to reduce energy costs, automate processes, and ensure regulatory compliance, with the company noting the significant increase in renewable energy in the European energy mix.
ecoplanet Co-Founder Dr. Henry Keppler said:
“Energy markets are undergoing a paradigm shift. With renewables already exceeding 50% of electricity generation, a fully integrated energy management is essential. Just as households charge EVs when solar output is high, businesses must align energy use with availability. As the share of renewables grows further, ecoplanet enables customers to benefit from green electricity at optimal times, pioneering AI-powered software for smarter business operations in Germany and beyond.”
The company said that it will use the new capital to expand its solution across Europe, accelerating its go-to-market and to further build out its software capabilities, with a focus on leveraging AI across the value chain. ecoplanet said that it already currently manages over 2 TWh of energy consumption across more than 2,000 sites.
Maximilian Dekorsy, Co-Founder of ecoplanet, said:
“Rising and increasingly volatile energy costs have become a critical threat to European businesses, with the potential to drive many out of business if left unaddressed. Our software empowers companies to cut energy expenses, turn challenges into growth opportunities, and secure their long-term survival.”
The Series A round was led by EQT Ventures, with participation from existing investor HV Capital.
Sandra Malmberg, Partner at EQT Ventures, said:
“We are happy to support ecoplanet as they redefine energy management and procurement for European businesses. Their innovative approach meets a critical market need, and we’re excited to help accelerate their growth.”