Amsterdam-based Sympower has raised €21.3 million in a funding round led by A&G Energy Transition Tech Fund.
The investment will support Sympower's mission to enhance grid stability and foster renewable energy integration in Europe.
Sympower operates as a demand-side flexibility aggregator, providing solutions to stabilize grids and integrate renewable energy sources.
The funding will also be used to incorporate battery energy storage systems and expand capabilities for industrial companies and renewable energy producers.