menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Swedish en...
source image

Eu-Startups

3d

read

244

img
dot

Swedish energy startup Engrate raises €2.5 million for efficient energy integration

  • Swedish energy startup Engrate secures €2.5 million in Seed funding led by global VC firm Maniv for international expansion.
  • Engrate was founded in 2024 to accelerate the green energy transition with its digital integration platform.
  • The funding round includes international and Swedish investors aiming at sustainable energy production.
  • Engrate's platform harmonises data sources to simplify integration for energy companies seeking to shift to renewable energy.
  • The company already has energy company Flower as a customer and has participated in Norrsken’s Accelerator Programme.
  • Engrate aims to reduce integration complexity in the energy sector to allow for growth and innovation.
  • The energy sector's digital maturity is considered underdeveloped, and Engrate's platform is seen as a critical solution for digitization.
  • Maniv's Partner sees Engrate as pivotal in the digitization of the energy sector and highlights their clear vision.

Read Full Article

like

14 Likes

For uninterrupted reading, download the app