Berlin-based trawa, an electricity provider and AI-powered software company, has secured €24M in Series A funding led by Headline.
Headline, a VC firm based in San Francisco, led the funding round. Other participants include Norrsken VC, Magnetic, Tiny VC, and existing investors Balderton Capital, Speedinvest, and AENU.
The funding will help trawa accelerate its growth, invest in brand development, and expand its integrated B2B solution for energy supply, energy management, and flexibility control.
trawa, founded in 2022, aims to help European businesses slash energy costs by simplifying energy procurement and management for mid-sized businesses using AI-powered software.