Munich-based ecoplanet, an energy management platform for businesses, has completed a €16 million Series A funding round to accelerate go-to-market and further build out software capabilities.
The round was led by EQT Ventures, with continued support from HV Capital and additional market experts.
“Our €16 million Series A round marks a significant milestone,” said Maximilian Dekorsy, Co-founder of ecoplanet. “Rising and increasingly volatile energy costs have become a critical threat to European businesses, with the potential to drive many out of business if left unaddressed. Our software empowers companies to cut energy expenses, turn challenges into growth opportunities, and secure their long-term survival.”
Founded in 2022 by Maximilian Dekorsy and Dr. Henry Keppler, ecoplanet specialises in energy management software, creating a category-leading solution that integrates on-site processes and machines with the energy market.
With over 2 TWh of energy managed across 2,000+ locations, ecoplanet’s AI-based software looks to simplify energy management by integrating supply and demand-side processes, optimising energy usage, lowering costs, and ensuring regulatory compliance.
According to exoplanet, the European energy landscape has shifted significantly, threatening over 200,000 businesses. Since 2019, energy price volatility has surged by 500% and is projected to double again within the next year. With energy costs often exceeding 10% of operating expenses, businesses are vulnerable to sudden price spikes, increasing financial pressure. New regulations further drive the need for more integrated energy management practices, also taking into account the surging variance in electricity supply.
“Energy markets are undergoing a paradigm shift. With renewables already exceeding 50% of electricity generation, a fully integrated energy management is essential,” said Dr. Henry Keppler, Co-Founder of ecoplanet. “Just as households charge EVs when solar output is high, businesses must align energy use with availability. As the share of renewables grows further, ecoplanet enables customers to benefit from green electricity at optimal times, pioneering AI-powered software for smarter business operations in Germany and beyond.”
ecoplanet’s software innovates energy management by delivering actionable insights, automated processes, and data-driven decisions, minimising manual effort while encouraging compliance.
As per data supplied by exoplanet, the majority of customers have cut costs by up to 20% within the first 12 months and reduced workload by up to 60%.
EQT Ventures, experienced in scaling sustainability-driven businesses, offers ecoplanet global expertise and an extensive network of industry partners. Currently investing out of its third (€1.1 billion) fund, the largest early-stage fund ever raised in Europe, EQT Ventures is one of the most active VC firms partnering with hundreds of founders and startups.
“We are happy to support ecoplanet as they redefine energy management and procurement for European businesses,” said Sandra Malmberg, Partner at EQT Ventures. “Their innovative approach meets a critical market need, and we’re excited to help accelerate their growth.”
“Our investment in ecoplanet almost two years ago has exceeded expectations,” added Felix Klühr, General Partner at HV Capital. “The team’s ability to deliver at speed and drive innovation to solve a fundamental problem of European companies is impressive. Together with EQT Ventures, we look forward to supporting their next chapter.”
Read the orginal article: https://www.eu-startups.com/2025/01/ecoplanet-raises-e16-million-to-combat-rising-energy-costs-with-ai-based-software/
