# Entrix: Renewables & environment, Munich, Germany

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

Source: https://millionrounds.com/startup/entrix-2 (Millionrounds; every figure on the page links to its filing or article)

Germany · [Renewables & environment startup](https://millionrounds.com/companies)

# 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.

Email

Funding reported Last round: Venture (Round not Specified)

Renewables & environment Munich, Germany

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Company summary

- **Founded:** 2020 6 years old
- **Team:** 120 51 to 200 people
- **Funding reported:** 49.9M as listed, currency not stated
- **Last round:** Venture (Round not Specified) Sept 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Entrix has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **49.9M** in the source's currency

Last round **Venture (Round not Specified)**

Last round date **Sept 2023**

Investors listed **5**

## Founders and team

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

- **Mario Schirru** CEO at Encavis AG
- **Wilfried Karl** CEO at MW Storage GmbH

## On a portfolio page

Investors who name them

- [AB 1204](https://millionrounds.com/fund/ab-1204)

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 energy market access clean energy & technology grid operation energy market optimization batteriespeichersystem renewable asset management real-time data digital solutions for energy grid balancing performance analytics regulatory compliance support long-term revenue security system flexibility energy transition facilitation enterprises

Built with from their website

Docker Amazon DynamoDB Google Tag Manager Contact Form 7 WordPress.org AWS Trusted Advisor Microsoft PowerPoint Google Ads Font Awesome Apache

+8 more

Google Workspace Viewport Meta Digital Ocean Spaces dc.js JQuery 2.1.1 Hubspot Atlassian Confluence webpack

- **Sector:** Renewables & environment
- **Industry code:** NAICS 54151, 541330, 513210, SIC 4911, 8711, 7372
- **Region:** Bavaria
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/entrix-62b5d8920a)

## Renewables & environment in Germany

Startups like it

- [**GALVANY** Berlin · founded 2021 *Raised*](https://millionrounds.com/company/galvany)
- [**1KOMMA5 Köln** Cologne](https://millionrounds.com/startup/1komma5-k-ln)
- [**HY2GEN** Wiesbaden · founded 2017](https://millionrounds.com/startup/hy2gen)
- [**ENVIRIA** Frankfurt · founded 2017](https://millionrounds.com/startup/enviria)
- [**Reverion** Eresing · founded 2022](https://millionrounds.com/startup/reverion-2)
- [**H2 MOBILITY** Berlin · founded 2015](https://millionrounds.com/startup/h2-mobility)
- [**empact GmbH** Cologne · founded 2021](https://millionrounds.com/startup/empact-gmbh)
- [**HPS Home Power Solutions AG** Berlin · founded 2014](https://millionrounds.com/startup/hps-home-power-solutions-ag)

## Is this your company?

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