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.