Germany · 
Who invested in Enpal?
Enpal's investors include Citibank, BlackRock, European Investment Bank and TPG.
202320242025
$230MGrowth$812MDebt
Germany · Funded startup
Who invested in Enpal
Funding summaryUpdated 26 Oct 2026
$1.0Braised across 2 rounds since 2023, from 2 sources
$230MGrowth$812MDebt
- Latest round
- Debt, $812MOct 2025
- Step-upi
- 3.5×
- Investors
- 4
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Growth, $230M Jan 2023
- Biggest round
- $812M Debt · Oct 2025
- Between rounds
- 2.8 years from the last two
The rounds
- Oct 2025
- Jan 2023
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 5 firms list Enpal as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Enpal
How much has Enpal raised?
Enpal has raised $1.0B across 2 rounds since 2023.
When did Enpal last raise?
Enpal's most recent round was a Debt of $812M in Oct 2025.
What was Enpal's biggest round?
Its most recent round, $812M in Oct 2025, is also its largest on record.
Who backed Enpal first?
Enpal's first round on record, in Oct 2025, was backed by Citibank, BlackRock and European Investment Bank and 1 others.
What stage is Enpal at?
Enpal's latest named round is a Debt, in Oct 2025.
Where is Enpal based?
Enpal is based in Germany.
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