enspired secures € 25.5 million in Series B funding
Summary
Facilitating the large-scale integration of renewable energy sources, enspireds automated and highly scalable trading infrastructure is on track to enable 50 GW of flexibility by 2035. In light of lagging international decarbonization efforts, enspired CEO and Co-founder J\xfcrgen Mayerhofer emphasizes the global significance of the companys optimization strategy for the energy transition:We are grateful to be in a position that allows us to choose partners whose ambitions and values align with our own. Reinforcement learning is ahead of all other artificial intelligence methods for solving complex practical applications and has been outperforming human reasoning in every aspect since 2017. The best time to adapt to the market is before it changes.About enspiredThe growing share of renewables in the electricity mix calls for an increase in flexibility and an expansion of battery energy storage systems to balance out the associated grid fluctuations. The companys fully automated in-house trading platform is the fastest on the European short-term power market, enabling customers to monetize the full potential of their flexibility with minimum time-to-market.Any questions?