Hamburg-based suena raises €3 million to become the go-to trading-as-a-service platform for energy storage

Funding Rounds

Summary

suena, a German startup specialised in AI-driven optimization and power trading services for flexible energy assets such as large-scale battery storage, has successfully closed its €3 million seed funding round. Founded in 2021, suena will use the capital to broadly introduce its innovative AI-based “Autopilot” software solution to markets across Europe, further extend its functionality and expand the team with international top talent. Navigating these markets requires dealing with an extensive range of variables to optimize trading strategies, as well as the techno-economic knowledge of energy storage technologies to favor strong business case and investment decisions. “The combination of innovative technology, an efficient expert team, and the attractive, fast-growing market for energy storage and renewables further convinced our investment decision. Metin Zerman, from Energie360, added: “Our investment in suena shows our confidence in a talented team of founders who are driving the energy transition with their innovative trading software.

$ Funding

$
Amount $3.3M Total raised
Date December 20, 2023 Announcement date
Investors - Lead investors
Company suena.com.co Funded company

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies