# Top 50 Energy Providers Startups in Europe by Funding (2026)

> The 50 best-funded energy providers startups in Europe, ranked by total funding raised: $41B combined.

Source: https://millionrounds.com/top-lists/energy-providers-startups-europe (Millionrounds; every figure on the page links to its filing or article)

- 1 [**VAROPreem** VAROPreem specializes in refining conventional fuels and producing renewable fuels for transport and industry.](https://millionrounds.com/company/varopreem) VAROPreem specializes in refining conventional fuels and producing renewable fuels for transport and industry. *Founded* 2012 Cham, Switzerland **$3.3B** last round Jul 2023
- 2 [**SSE**](https://millionrounds.com/company/sse) *Founded* 1998 Perth, United Kingdom **$2.7B** last round Jun 2026
- 3 [**COX Group** COX Group provides solutions for development and management of water resources as well as services for energy generation and transmission.](https://millionrounds.com/company/cox-group) COX Group provides solutions for development and management of water resources as well as services for energy generation and transmission. *Founded* - Seville, Spain **$2.6B** last round Jan 2026
- 4 [**Eni Plenitude** Eni Plenitude supplies energy for homes and institutions.](https://millionrounds.com/company/eni-plenitude) Eni Plenitude supplies energy for homes and institutions. *Founded* 2017 San Donato Milanese, Italy **$2.3B** last round Jun 2025
- 5 [**Stegra** Stegra operates a steel production plant to accelerate the decarbonization of the steel industry using green energy.](https://millionrounds.com/company/stegra) Stegra operates a steel production plant to accelerate the decarbonization of the steel industry using green energy. *Founded* 2020 Stockholm, Sweden **$1.6B** last round Apr 2026
- 6 [**Global Power Generation** Global Power Generation is an electricity energy generation business company.](https://millionrounds.com/company/global-power-generation) Global Power Generation is an electricity energy generation business company. *Founded* 2014 Canberra, Spain **$1.5B** last round Dec 2024
- 7 [**Technip Energies** Technip Energies is a engineering & technology company for the energy transition.](https://millionrounds.com/company/technip-energies) Technip Energies is a engineering & technology company for the energy transition. *Founded* 2021 Nanterre, France **$1.4B** last round Jun 2026
- 8 [**Gren** GREN is a clothing company that minimizes and recycles waste, invests in renewable energy, and offsets unavoidable emissions.](https://millionrounds.com/company/gren) GREN is a clothing company that minimizes and recycles waste, invests in renewable energy, and offsets unavoidable emissions. *Founded* 2021 Tartu, Estonia **$1.3B** last round May 2026
- 9 [**Cloover** Cloover provides embedded financial services, software, and energy solutions to facilitate a successful energy transition.](https://millionrounds.com/company/cloover) Cloover provides embedded financial services, software, and energy solutions to facilitate a successful energy transition. *Founded* 2022 Berlin, Sweden **$1.3B** last round Sept 2026
- 10 [**Rolls-Royce SMR** Rolls-Royce SMR specializes in producing factory-built nuclear power plants and offers sustainable, low-cost energy solutions.](https://millionrounds.com/company/rolls-royce-smr) Rolls-Royce SMR specializes in producing factory-built nuclear power plants and offers sustainable, low-cost energy solutions. *Founded* 2021 Derby, United Kingdom **$1.2B** last round Apr 2026
- 11 [**Enpal** Enpal is a photovoltaics leasing firm that provides solar power systems for homeowners.](https://millionrounds.com/company/enpal) Enpal is a photovoltaics leasing firm that provides solar power systems for homeowners. *Founded* 2017 Berlin, Germany **$1.0B** last round Oct 2025
- 12 [**Matrix Renewables** Matrix Renewables is a renewable energy platform for renewable energy projects and storage across Europe, US, and Latin America.](https://millionrounds.com/company/matrix-renewables) Matrix Renewables is a renewable energy platform for renewable energy projects and storage across Europe, US, and Latin America. *Founded* 2020 Madrid, Spain **$1.0B** last round Jun 2026
- 13 [**Renewable Power Capital** Renewable Power Capital is a renewable energy investment platform that focuses on energy industries.](https://millionrounds.com/company/renewable-power-capital) Renewable Power Capital is a renewable energy investment platform that focuses on energy industries. *Founded* 2020 London, United Kingdom **$915M** last round Sept 2026
- 14 [**Fidra Energy** Fidra Energy is a battery energy storage firm/business that aims to aid decarbonization for electrical system.](https://millionrounds.com/company/fidra-energy) Fidra Energy is a battery energy storage firm/business that aims to aid decarbonization for electrical system. *Founded* 2024 Edinburgh, United Kingdom **$804M** last round Sept 2025
- 15 [**Ren-Gas** Ren-Gas is a clean energy production company that produces and distributes P2X gas fuel.](https://millionrounds.com/company/ren-gas) Ren-Gas is a clean energy production company that produces and distributes P2X gas fuel. *Founded* - Espoo, Finland **$791M** last round Sept 2026
- 16 [**Rezolv Energy** Rezolv Energy is an independent power producer and renewable energy developer based in Prague, Czech Republic.](https://millionrounds.com/company/rezolv-energy) Rezolv Energy is an independent power producer and renewable energy developer based in Prague, Czech Republic. *Founded* 2022 Prague, Romania **$763M** last round Nov 2026
- 17 [**BNZ energy** BNZ, an independent power producer (IPP), plans, installs, and runs solar photovoltaic projects.](https://millionrounds.com/company/bnz-energy) BNZ, an independent power producer (IPP), plans, installs, and runs solar photovoltaic projects. *Founded* 2020 Madrid, Spain **$740M** last round Oct 2024
- 18 [**Low Carbon** Low Carbon develops, owns, and operates renewable energy projects to fight climate change, aiming for a net-zero future.](https://millionrounds.com/company/low-carbon) Low Carbon develops, owns, and operates renewable energy projects to fight climate change, aiming for a net-zero future. *Founded* 2011 London, United Kingdom **$683M** last round Jan 2026
- 19 [**Eelpower** Eelpower is a battery storage developer that operates energy storage solutions.](https://millionrounds.com/company/eelpower) Eelpower is a battery storage developer that operates energy storage solutions. *Founded* 2017 London, United Kingdom **$682M** last round Aug 2025
- 20 [**Octopus Energy Group** Octopus Energy Group is an England-based holding company that operates businesses in areas such as energy generation and electric vehicle sales.](https://millionrounds.com/company/octopus-energy-group) Octopus Energy Group is an England-based holding company that operates businesses in areas such as energy generation and electric vehicle sales. *Founded* 2016 London, United Kingdom **$681M** last round Dec 2025
- 21 [**Atome Energy** Atome Energy is the green hydrogen and ammonia project development company to create a greener, cleaner environment.](https://millionrounds.com/company/atome-energy) Atome Energy is the green hydrogen and ammonia project development company to create a greener, cleaner environment. *Founded* - Leeds, United Kingdom **$665M** last round Apr 2026
- 22 [**Proxima Fusion** Proxima Fusion is a European fusion energy company based in Munich, Germany, founded in 2023 as the first spin-out from the Max Planck Institute for Plasma Physics.](https://millionrounds.com/company/proxima-fusion) Proxima Fusion is a European fusion energy company based in Munich, Germany, founded in 2023 as the first spin-out from the Max Planck Institute for Plasma Physics. *Founded* 2023 Munich, Germany **$636M** last round Jul 2026
- 23 [**GIGA Storage** GIGA Storage develops large-scale sustainable energy storage systems.](https://millionrounds.com/company/giga-storage) GIGA Storage develops large-scale sustainable energy storage systems. *Founded* 2018 Amstelveen, Netherlands **$634M** last round Oct 2026
- 24 [**3Sun** 3Sun is an energy management company that specializes in designing photovoltaic solutions for large-scale industries and roof application.](https://millionrounds.com/company/3sun) 3Sun is an energy management company that specializes in designing photovoltaic solutions for large-scale industries and roof application. *Founded* 2010 Catania, Italy **$608M** last round Jan 2024
- 25 [**Elvy** Elvy is a Stockholm-based energytech startup founded in 2023, specializing in AI-optimized, subscription-based home energy systems.](https://millionrounds.com/company/elvy) Elvy is a Stockholm-based energytech startup founded in 2023, specializing in AI-optimized, subscription-based home energy systems. *Founded* 2023 Stockholm, Sweden **$595M** last round Oct 2026
- 26 [**STARK** Stark is a provider of energy data and analytics services.](https://millionrounds.com/company/stark) Stark is a provider of energy data and analytics services. *Founded* 1981 Horley, Germany **$576M** last round Jun 2026
- 27 [**Newcleo** Newcleo is an atomic energy company that focuses on developing advanced nuclear energy technologies.](https://millionrounds.com/company/newcleo) Newcleo is an atomic energy company that focuses on developing advanced nuclear energy technologies. *Founded* 2021 Paris, United Kingdom **$563M** last round Sept 2026
- 28 [**Eastern European Electric Company** The Eastern European Electric Company B.V.](https://millionrounds.com/company/eastern-european-electric-company) The Eastern European Electric Company B.V. *Founded* - Amsterdam, Netherlands **$560M** last round May 2025
- 29 [**Ellevio** Ellevio is a Swedish energy provider.](https://millionrounds.com/company/ellevio) Ellevio is a Swedish energy provider. *Founded* 2015 Stockholm, Sweden **$555M** last round May 2025
- 30 [**Ilmatar** Ilmatar is a project-oriented integrator in the field of renewable energy production.](https://millionrounds.com/company/ilmatar) Ilmatar is a project-oriented integrator in the field of renewable energy production. *Founded* 2011 Helsinki, Finland **$544M** last round Nov 2023
- 31 [**Enery** Enery is a renewable energy company that develops and constructs solar energy plants for communities, businesses, and power networks.](https://millionrounds.com/company/enery) Enery is a renewable energy company that develops and constructs solar energy plants for communities, businesses, and power networks. *Founded* 2019 Vienna, Austria **$538M** last round Mar 2026
- 32 [**ILOS Projects** ILOS Projects is a Independent Power Producer.](https://millionrounds.com/company/ilos-projects) ILOS Projects is a Independent Power Producer. *Founded* 2018 Karlsruhe, Germany **$530M** last round Apr 2026
- 33 [**Zenobe Energy** Zenobe Energy manufactures battery storage assets for electric bus operators, utilities, and industrial and commercial businesses.](https://millionrounds.com/company/zenobe-energy) Zenobe Energy manufactures battery storage assets for electric bus operators, utilities, and industrial and commercial businesses. *Founded* 2016 London, United Kingdom **$515M** last round Jun 2026
- 34 [**Siccar Point Energy** Siccar Point Energy provides oil and gas exploration, development, and production.](https://millionrounds.com/company/siccar-point-energy) Siccar Point Energy provides oil and gas exploration, development, and production. *Founded* 2014 United Kingdom **$500M** last round Sept 2014
- 35 [**British Solar Renewables** British Solar Renewables specializes in planning, designing, developing and maintaining renewable projects.](https://millionrounds.com/company/british-solar-renewables) British Solar Renewables specializes in planning, designing, developing and maintaining renewable projects. *Founded* 2010 Shepton Mallet, United Kingdom **$474M** last round Jun 2025
- 36 [**Bruc Management** Bruc Management is an investment fund manager that specializes in the renewable energy infrastructure sector.](https://millionrounds.com/company/bruc-management) Bruc Management is an investment fund manager that specializes in the renewable energy infrastructure sector. *Founded* 2015 Madrid, Spain **$431M** last round May 2026
- 37 [**Octopus Renewables Infrastructure Trust** Octopus Renewables Infrastructure Trust is a closed end investment company incorporated in England and Wales.](https://millionrounds.com/company/octopus-renewables-infrastructure-trust) Octopus Renewables Infrastructure Trust is a closed end investment company incorporated in England and Wales. *Founded* 2019 London, United Kingdom **$431M** last round Feb 2025
- 38 [**Power Capital Renewable Energy** Power Capital Renewable Energy is a solar development company.](https://millionrounds.com/company/power-capital-renewable-energy) Power Capital Renewable Energy is a solar development company. *Founded* 2011 Dublin, Ireland **$379M** last round Sept 2025
- 39 [**Infinity Power** Infinity Power is a renewable energy company that offers solar, battery storage, and grid infrastructure solutions.](https://millionrounds.com/company/infinity-power) Infinity Power is a renewable energy company that offers solar, battery storage, and grid infrastructure solutions. *Founded* 2006 Amsterdam, Netherlands **$372M** last round Nov 2025
- 40 [**Renalfa** Renalfa is a clean energy investment group with focus in renewable energy and e-mobility.](https://millionrounds.com/company/renalfa) Renalfa is a clean energy investment group with focus in renewable energy and e-mobility. *Founded* - Sofia, Bulgaria **$370M** last round Jul 2025
- 41 [**Lion Storage** Lion Storage is an expert in creating battery energy storage solutions for utilities.](https://millionrounds.com/company/lion-storage) Lion Storage is an expert in creating battery energy storage solutions for utilities. *Founded* - Den Haag, Netherlands **$365M** last round Feb 2025
- 42 [**Pulse Clean Energy** Pulse Clean Energy builds and operates power stations.](https://millionrounds.com/company/pulse-clean-energy) Pulse Clean Energy builds and operates power stations. *Founded* 2022 Birmingham, United Kingdom **$364M** last round Apr 2026
- 43 [**Zelestra** At Zelestra, we are on a mission to change the world by making decarbonization a reality for our partners.](https://millionrounds.com/company/zelestra) At Zelestra, we are on a mission to change the world by making decarbonization a reality for our partners. *Founded* 2005 Spain, Spain **$350M** last round Oct 2026
- 44 [**Atrato Onsite Energy** Atrato Onsite Energy is a commercial rooftop solar funder.](https://millionrounds.com/company/atrato-onsite-energy) Atrato Onsite Energy is a commercial rooftop solar funder. *Founded* - London, United Kingdom **$327M** last round Apr 2025
- 45 [**Gore Street Energy Storage Fund** Gore Street Energy Storage Fund is an entity authorised and regulated by the Financial Conduct Authority that provides investment services.](https://millionrounds.com/company/gore-street-energy-storage-fund) Gore Street Energy Storage Fund is an entity authorised and regulated by the Financial Conduct Authority that provides investment services. *Founded* - London, United Kingdom **$324M** last round Nov 2024
- 46 [**Cero Generation** Cero Generation is a solar energy company that develops solar energy and energy storage solutions.](https://millionrounds.com/company/cero-generation) Cero Generation is a solar energy company that develops solar energy and energy storage solutions. *Founded* 2021 London, United Kingdom **$312M** last round Jul 2025
- 47 [**Statera Energy** Statera Energy is a company that generates, transmissions, and distributes electric energy.](https://millionrounds.com/company/statera-energy) Statera Energy is a company that generates, transmissions, and distributes electric energy. *Founded* 2015 London, United Kingdom **$307M** last round Nov 2025
- 48 [**NorSun** NorSun is a Norwegian solar energy company that specializes in manufacturing high-performance mono-crystalline silicon ingots and wafers for the global solar en](https://millionrounds.com/company/norsun) NorSun is a Norwegian solar energy company that specializes in manufacturing high-performance mono-crystalline silicon ingots and wafers for the global solar en *Founded* 2005 Oslo, Norway **$304M** last round Mar 2009
- 49 [**Focused Energy** Focused Energy is a German-American deep-tech startup founded in 2021, specializing in laser-driven inertial confinement fusion (ICF).](https://millionrounds.com/company/focused-energy) Focused Energy is a German-American deep-tech startup founded in 2021, specializing in laser-driven inertial confinement fusion (ICF). *Founded* 2021 Darmstadt, Germany **$280M** last round Jun 2026
- 50 [**ABO Energy** ABO Energy develops wind and solar energy projects, battery storage, and green hydrogen systems.](https://millionrounds.com/company/abo-energy) ABO Energy develops wind and solar energy projects, battery storage, and green hydrogen systems. *Founded* - Wiesbaden, Germany **$279M** last round Aug 2025

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose own description names this theme, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

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## More energy providers lists

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[*FT* *CE* *P* **Energy providers startups worldwide** 2,808 companies · $152B](https://millionrounds.com/top-lists/energy-providers-startups)

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[See all](https://millionrounds.com/top-lists?r=Europe)

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