New wave · Worldwide
New energy software startups, founded 2020 on
The new wave: 31 energy software startups founded in 2020 or later that have raised money in rounds we track, $531M between them, placed in 4 segments.
31startups on the map
4segments
$531Mraised between them
Business energy managementmost funded segment
Funding by segment
- Business energy management$237M18
- Forecasting and analytics$199M5
- Home energy management$62M4
- Utility software$33M4
Where they are based
- United States9$250M
- United Kingdom6$135M
- Belgium4$59M
- Germany4$71M
- Australia1$3.0M
- France1$2.2M
- Netherlands1$1.8M
- Denmark1$1.2M
- Italy1$434K
- South Africa1$1.8M
United States
United Kingdom
Belgium
Germany
Australia
France
Netherlands
Denmark
Italy
South AfricaFounded
Earlier
12
13
14
15
16
17
18
19
320
821
722
623
724
25
26
Total raised
- Under $1M6
- $1M to $10M15
- $10M to $50M7
- $50M to $250M3
- $250M to $1B0
- $1B and over0
Each dot is a startup: the year it was founded across, the total it has raised up (each line is ten times the one below). Pick a segment to pick it out.
31 of 31 startups shown; the rest have no founding year or amount on record.
- 1 to 2
- 3 to 7
- 8 to 24
- 25 to 99
- 100 and more
- United States9
- United Kingdom6
- Belgium4
- Germany4
- Australia1
- France1
- Netherlands1
- Denmark1
- Italy1
- South Africa1
- Austria1
- Spain1
Austria
SpainStartups by country, 12 countries in all.
Segment by segment
Business energy management
18 startups · $237M raised
- HHaventusHaventus is an energy management firm that focuses on facilitating the energy transition and supporting economic development.United Kingdom$126M
BnewableBnewable is an independent energy company based in Mechelen, Belgium, founded in 2022 by Christophe Degrez and Kristof Vereenooghe.Belgium$42M
ecoplanetEcoplanet Green Operations GmbH, based in Munich, is an energy management software company founded in mid-2022.Germany$17M
Companion.energyCompanion.energy is a Belgian artificial intelligence and software company focused on real-time energy management for large industBelgium$11M
TerionTerion is an AI-based energy management software company based in Copenhagen, Denmark.United States$11M
GlacierGridGlacierGrid is an energy management software company based in San Francisco, specializing in optimizing HVAC and refrigeration sysUnited States$5.0M
EnerseeEnersee is an AI-native energy management platform based in Brussels, Belgium.Belgium$4.7M
xWattsxWatts, founded in August 2022 and based in Cambridge, United Kingdom, is a ClimateTech and SaaS company focused on intelligent enUnited Kingdom$4.1M
Forecasting and analytics
5 startups · $199M raised
Emerald AIEmerald AI is an energy technology company based in Washington, D.C., founded in 2024 by Varun Sivaram.United States$173M
Euclid PowerEuclid Power is a New York-based company founded in 2021 that specializes in renewable energy software and services.United States$20M
Electryone AIElectryone AI is a London-based startup founded in 2023 that specializes in intelligent energy management.United Kingdom$3.7M
Open Access EnergyOpen Access Energy provides energy management software.South Africa$1.8M- PPelmPelm provides digital infrastructure to develop API for accessing and managing user's energy data.United States$500K
Home energy management
4 startups · $62M raised
Rabot EnergyRabot Energy is a smart energy and electricity provider based in Hamburg, founded in 2021.Germany$50M
VolitionAs an Energy Management Firm, Volition provides Utilities as a Service to commercial and residential buildings throughout the world.United States$11M
Lumo EnergyLumo Energy Limited is a UK-based energy optimisation company focused on enhancing the value of residential solar, battery, EV chaUnited Kingdom$712K
MetpowMetpow Ltd is a UK-based company founded in 2024, specializing in smart wireless metering and energy management solutions for leisUnited Kingdom$696K
Utility software
4 startups · $33M raised
Grid Connected InfrastructureGCI is a well-funded utility scale energy storage development firm managed by experienced project developers.United States$23M
PoderoPodero is a clean energy software company based in Vienna, Austria, founded in 2022.Austria$5.7M
Clear CurrentClear Current is an AI-powered energy management company that offers a virtual energy manager for large energy-consuming organizations.United States$4.3M
ZonoxZonox is a technology platform based in Malaga, Spain, founded in 2022 by Iñigo Flores and Manuel Palacin Pinazo.Spain$286K
How this map is made. Every startup here has raised money in rounds we track, and was founded in 2020 or later. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in energy software, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.
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Who backs energy software?
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