ecoplanet Series A Round, January 2025

Ecoplanet, a provider of energy management software, has successfully closed a €16 million Series A funding round. The round was led by EQT Ventures, with continued support from HV Capital and a group of angel investors. This investment will be used to accelerate the company’s market expansion and enhance its technological capabilities, particularly in leveraging artificial intelligence (AI) to optimize energy management processes.

Ecoplanet’s software addresses the challenges faced by businesses in the evolving European energy landscape, where rising energy costs and increased price volatility have become significant operational concerns. The platform manages 2 TWh of energy across more than 2,000 locations, providing businesses with tools to streamline energy management processes. By integrating supply- and demand-side processes, the AI-based platform optimizes energy usage, reduces costs, and ensures regulatory compliance.

The funding will allow Ecoplanet to expand its AI capabilities further, focusing on individual machine-level energy optimization as well as broader energy market integration. According to the company, this approach will help businesses align energy consumption with availability, enabling them to take advantage of green electricity at optimal times.

Co-founder Maximilian Dekorsy highlighted the importance of Ecoplanet’s mission in addressing the challenges posed by rising energy costs. “Our €16 million Series A round marks a significant milestone,” Dekorsy stated. “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.”

Dr. Henry Keppler, also a co-founder, emphasized the role of integrated energy management in the transition to renewable energy sources. “Energy markets are undergoing a paradigm shift. With renewables already exceeding 50% of electricity generation, a fully integrated energy management is essential,” Keppler explained. “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.”

Ecoplanet’s platform reduces the manual effort involved in energy management while helping businesses navigate complex regulatory requirements. Its ability to integrate and optimize energy processes positions it as a valuable tool for companies seeking to mitigate the financial and operational risks associated with energy price volatility.

The investment from EQT Ventures and HV Capital underscores confidence in Ecoplanet’s ability to address critical energy challenges and capitalize on opportunities in the energy management sector. As renewable energy continues to play a larger role in the energy mix, the company’s solutions are expected to play a pivotal role in helping businesses adapt to this evolving landscape.

Ecoplanet’s advancements in AI-driven energy management aim to provide businesses with the tools they need to thrive in a dynamic and increasingly green energy environment, ensuring cost-efficiency and long-term sustainability. This funding round represents a significant step forward in achieving that mission.