RYE raises €1M pre-seed to help hospitality and retail monetise energy demand
Summary
RYE raised a €1 million pre-seed round to expand its energy intelligence platform for multi-site hospitality and retail operators. The company helps customers manage, monitor, and monetize energy demand with metering, forecasting, bill validation, and payment automation. It is already piloting its technology at more than 30 UK locations. The round was co-led by CapitalT and January Ventures, with participation from Earth and Norrsken Evolve.
Funding
Amount
$1.1M
Total raised
Date
September 4, 2025
Announcement date
Investors
Jane VC, CapitalT
Lead investors
Company
rye.energy
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected