PGGM invests €19 million in Sympower to accelerate European energy flexibility
Summary
Sympower secured €19 million from PGGM to expand its European energy flexibility business. The company will use the capital to scale its battery storage optimization solutions and pursue more mergers and acquisitions. The investment extends Sympower’s Series B1 round and lifts the total to €42 million. PGGM will also join Sympower’s Supervisory Board as the company targets growth in new battery markets across Europe.
Funding
Amount
$22.4M
Total raised
Date
September 16, 2025
Announcement date
Investors
PGGM Investments
Lead investors
Company
http://www.sympower.net/
Funded company
Classifications
industries
Energy & Natural Resources
applications
No applications detected
AskAI Classifications
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