VERBUND X Ventures invests in AI start-up Qurrent for energy solutions

Funding Rounds

Summary

VERBUND X Ventures is leading a new funding round for Swedish startup Qurrent. Qurrent builds an AI-powered software platform that controls, optimizes, and trades energy from decentralized renewable assets. The platform connects systems such as solar PV, battery storage, and control units in real time and helps operators access electricity markets. The company plans to use the investment to accelerate growth and expand internationally. VERBUND says the deal supports its digitalization and AI strategy in the energy sector.

$ Funding

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Amount $3.5M Total raised
Date July 16, 2025 Announcement date
Investors Arkwright X, VERBUND AG Lead investors
Company https://www.qurrent.energy/ Funded company

Classifications

industries
Energy & Natural Resources
applications
AI & Machine learning

AskAI Classifications

Labels
Energy Management Software SaaS Industrial IoT Software

Linked Companies

Qurrent
$1M to $5M