storage

suena energy secures 8 million euros in Series A funding to scale its AI-powered trading platform

Technology company suena energy, which specialises in algorithmic optimisation and trading for energy storage systems and renewable energy, has successfully closed an 8 million euros Series A funding round which will be used to strengthen its position in the rapidly growing energy storage market.
suena energy secures 8 million euros in Series A funding to scale its AI-powered trading platform
Courtesy of suenea energy.

The round was led by Dutch energy company Eneco through its investment arm Eneco Ventures and joined by impact venture capital fund 4impact capital. Existing investors InnoEnergy, J.O.S.S., Santander, and Energie 360° also participated. suena energy will focus on international expansion, scaling its business model, and optimising the co-location of storage systems with renewable energy assets.

suena energy’s proprietary Energy Trading Autopilot enables fully automated, AI-driven trading of flexibilities across all relevant power and ancillary service markets. Using real-time data and forecasts, the platform generates optimal dispatch schedules to maximise revenues while minimising risk and battery degradation.

A key focus of the growth strategy is the rapidly expanding market for co-located storage. These projects not only offer operational synergies and new revenue models but also require strong technological, regulatory, and economic integration. suena energy addresses this complexity with a software approach that can flexibly adapt to market and project conditions, helping customers to develop storage projects quickly, efficiently, and profitably – for a resilient, decentralised, and decarbonised power system.

“This funding round marks a strategic milestone for us, enabling us to take our business model to the next level – with strong partners at our side who share our vision” said Lennard Wilkening, PhD, Co-Founder and CEO of suena energy. “Eneco Ventures and 4impact are highly complementary to our existing investor base. Their strategic-operational and digital technology expertise bring us closer to our goal of becoming a leading provider of intelligent flexibility trading in Europe.”

Eneco builds and operates scalable, decentralised energy solutions and has a robust footprint in electrification and sustainable infrastructure. It has a strong market presence in Germany, the Netherlands and other European countries.

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