Germany · Renewables & environment startup

Entrix

Entrix, based in Munich, is an energy technology company that specializes in AI-powered optimization and trading for grid-scale battery storage systems and flexible energy assets.

Funding reportedLast round: Venture (Round not Specified)

Renewables & environmentMunich, Germany

About Entrix

Entrix, based in Munich, is an energy technology company that specializes in AI-powered optimization and trading for grid-scale battery storage systems and flexible energy assets.

Founded in 2021 by Steffen Schülzchen, Entrix has quickly established itself as a leader in multimarket optimization for battery storage in Germany and across Europe. The company manages over 2.3 GW of contracted capacity across 38 battery storage projects. Entrix offers a comprehensive range of services, including an AI-powered optimization and trading platform that automates market trading and real-time asset management. The company provides full operational support, covering project design, live operations, maintenance, and market adaptation. Entrix focuses on maximizing revenue for asset owners by optimizing energy storage across various markets, ensuring efficient use of green energy, and supporting grid reliability. With recent funding of €43 million, Entrix is expanding its operations in the Iberian market and continuing to grow its presence in Europe.

What company datasets say Entrix raised

Funding, as reported

Reported in all49.9Min the source's currency
Last roundVenture (Round not Specified)
Last round dateSept 2023
Investors listed5

Founders and team

From Entrix's own website: 2 on the team.

  • Mario SchirruCEO at Encavis AG
  • Wilfried KarlCEO at MW Storage GmbH

On a portfolio page

Investors who name them

Each firm lists Entrix on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

decentralized energymarket accessclean energy & technologygrid operationenergy market optimizationbatteriespeichersystemrenewable asset managementreal-time datadigital solutions for energygrid balancingperformance analyticsregulatory compliance supportlong-term revenue securitysystem flexibilityenergy transition facilitationenterprises

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Sector
Renewables & environment
Industry code
NAICS 54151, 541330, 513210, SIC 4911, 8711, 7372
Region
Bavaria
Full record
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Renewables & environment in Germany

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