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Dutch startup Dexter Energy raises €23 million to scale AI-powered forecasting and trade optimisation services for renewables and batteries

  • Amsterdam-based ClimateTech company Dexter Energy has raised €23 million in a Series C funding round to scale its AI-powered forecasting and trade optimization services for renewables and batteries.
  • The funding round was led by Alantra’s energy transition fund, Klima, and included participation from Mirova and existing investors. Dexter Energy aims to expand its team, enter new markets, and enhance short-term trading for clean energy portfolios.
  • Founded in 2017, Dexter Energy offers advanced machine learning solutions for power trading, focusing on wind, solar, and battery portfolios. The company has a team of 90 professionals across nine European countries, working with over 80 energy companies.
  • Dexter plans to use the investment to enhance its battery trading solutions, optimize wind and solar energy tools, and expand into new European markets. The company's technology aims to address challenges faced by clean energy producers in a rapidly evolving market landscape.

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