Scale Energy secures €2M for decentralised battery storage
Summary
The equity funding is led by Climentum Capital, a European early-stage climate tech investor, with participation from Vireo Ventures as well as existing shareholders Antler and P3A.With the funding, the company will expand across Germany and accelerate the deployment of industrial battery projects.Angel investors in the round included Dr. Christine Prauschke, former Chief Digital Officer at Enpal, Henning Gebhardt, former Global Head of Equities at DWS, and Thomas R\xfcschen, a former Deutsche Bank Wealth Management executive.Scale Energy focuses on accelerating Europes energy transition by transforming underutilized industrial grid connections into energy storage hubs. The company provides fully funded battery storage solutions that help businesses reduce electricity costs, stabilize operations, and support decarbonizationwithout requiring upfront investment.Scale Energy manages the entire process, including acquisition, installation, maintenance, and regulatory approvals. Their solutions are designed for industrial sites, commercial properties, and e-mobility hubs, optimizing energy use and improving grid efficiency. We deliver solutions that reduce energy costs, stabilize the grid, and drive decarbonization.Dorte Hirschberg, General Partner at Climentum Capital, added: Scale Energy is not only unlocking an immense problem in the energy transition, but the team is also solving financial scaling challenges. Few companies manage early on to bundle venture and infrastructure CapEx financing into a convincing structure that enables attractive offerings for industrial customers.