Trawa's Groundbreaking Approach to Revolutionize SME Energy Procurement and Consumption

May 17, 2024, 7:30 am
Balderton Capital
Balderton Capital
FinTechPlatformDataTechnologyITServiceHealthTechManagementOnlineBusiness
Location: United Kingdom, England, London
Employees: 51-200
Founded date: 2000
trawa
trawa
EnergyTechGovTechGreenTechIndustryProductSoftware
Location: Germany, Berlin
Employees: 1-10
Founded date: 2022
Total raised: $13.38M
In a significant development, Berlin-based renewable energy supplier trawa has successfully secured a substantial €10 million Seed round of funding, catapulting its total raised capital to an impressive sum exceeding €12 million. Trawa's cutting-edge AI technology is poised to transform the energy procurement landscape for small and medium-sized enterprises (SMEs), offering them a lifeline in navigating the intricate and ever-changing energy markets. By leveraging its innovative platform, trawa empowers SMEs to procure electricity in a strategic manner, capitalizing on staggered purchasing times to unlock substantial cost savings of up to 30% annually. This game-changing approach not only streamlines energy procurement but also enables companies to optimize their energy consumption patterns, providing them with real-time insights into their energy usage, generation, and costs. Moreover, trawa's management software equips SMEs with the tools to automatically adjust their energy consumption to capitalize on periods of lower electricity prices, thereby enhancing their operational efficiency and bottom line. Emphasizing sustainability, trawa has forged strategic partnerships with major German suppliers and smaller energy providers, ensuring that all energy procured through its platform is easily traceable for comprehensive sustainability reporting. The infusion of capital from Balderton Capital, AENU, and existing investors Speedinvest, Magnetic, and TinyVC will propel trawa's mission to further develop its ecosystem platform, offering SMEs a comprehensive solution to effectively manage and optimize their energy costs, consumption, and emissions. With a steadfast commitment to providing businesses with access to affordable and renewable energy, trawa stands at the forefront of the energy transition, shielding SMEs from price fluctuations and empowering them to achieve their cost and sustainability objectives in a volatile market landscape.