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Swedish energy tech company Flower secures €20M to enhance renewable energy solutions across Europe

  • Swedish energy tech company Flower has raised €20M in Series A funding, bringing the total investments to €100M.
  • Flower's AI-driven platform and hardware optimize energy usage in global grids, promoting cleaner energy and new revenue opportunities for renewable power asset owners.
  • The funding round was led by Northzone, with participation from Giant Ventures, Sony Innovation Fund, and angel investors.
  • Flower plans to expand across Europe and advance its Battery Energy Storage Systems, aiming to operate in several countries by 2025 and 2026.

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