Startups
Reel Energy is a company that offers electricity supply with PPA options. They identify, match and realize a PPA with the best possible price for the customer (Customer-PPA). A PPA results in a new solar or wind park being built to meet the customer’s electricity consumption.
Reel Energy offers security of supply, attractive pricing, and customer service as you expect from any utility. They offer fixed price contracts that hedge your electricity bill against volatile prices.
Reel Energy is founded at the Technical University of Denmark (DTU) as a spinout from the world-renowned Quantitative Sustainability Assessment Group. Based on extensive research, they have developed a novel framework to measure and attribute environmental impacts from electricity consumption.
Reel Energy offers security of supply, attractive pricing, and customer service as you expect from any utility. They offer fixed price contracts that hedge your electricity bill against volatile prices.
Reel Energy is founded at the Technical University of Denmark (DTU) as a spinout from the world-renowned Quantitative Sustainability Assessment Group. Based on extensive research, they have developed a novel framework to measure and attribute environmental impacts from electricity consumption.
Overview
Location
Denmark
Employees
1-10
Total raised
$25.31M
Founded date
2020
Investors 2
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Jul 10, 2026 | Innogy Venture Capital | fev.vc |
Funding Rounds 3
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Jan 24, 2024 | Funding round | $5.46M | |
| Jul 1, 2022 | Seed round | $2.4M |
Mentions in press and media 9
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| May 15, 2026 | FEV leads €15M Series A in Reel to enhance renewable energy predictability | Reel, a Copenhagen-based electricity supplier and trader, has successfully raised €15 million in a Series A funding round to enhance its offerings in the renewable energy sector. The investment aims to refine their products, expand their po... |
| May 5, 2026 | +++ Venture Capital +++ SPRIND +++ Next Frontier AI +++ Founders‘ Stories +++ Reel +++ | Was gibt’s Neues? In unserem #StartupTicker liefern wir eine kompakte Übersicht über die wichtigsten Startup-Nachrichten des Tages (Dienstag, 5. Mai). #STARTUPLAND STARTUPLAND: Founders. VCs. Visionaries +++ Am 10. März 2027 findet im Rhein... |
| Jan 24, 2024 | Reel Raises €5M in Funding | Reel, a Copenhagen, Denmark-based renewable electricity supplier, raised €5M in funding. The round was led by Transition with participation from UVC Partners, The Footprint Firm, Daniel Nathan and Christian Bach. The company intends to use ... |
| Jul 1, 2022 | Copenhagen-based startup Reel catches €2.3 million to power a renewable Europe | Reeling in one of Denmark’s largest pre-seed investments ever, climate tech startup Reel has picked up €2.3 million. The Copenhagen-based team is on a mission to transform electricity procurement, encouraging the renewable energy transition... |
| Jul 1, 2022 | Stepping up to fight climate change, Reel rakes in €2.3 million | With an ever-increasing focus on companies’ environmental footprint combined with record-high and volatile electricity prices, the need for solutions that facilitate the green transition while ensuring financial certainty for companies has ... |
| Stepping up to fight climate change, Reel rakes in €2.3 million | With an ever-increasing focus on companies’ environmental footprint combined with record-high and volatile electricity prices, the need for solutions that facilitate the green transition while ensuring financial certainty for companies has ... | |
| Reel Energy | ||
| Reel Energy | “Reel” |
Reviews 0
FAQ about Reel
When was Reel founded?
Reel was founded in 2020.
How much funding has Reel raised?
Reel has raised $25.31M in total across 3 funding rounds.
What funding rounds has Reel raised?
Parsers VC lists 3 funding rounds of Reel, among them a funding round of $5.46M on Jan 24, 2024 and a seed round of $2.4M on Jul 1, 2022.
Who has invested in Reel?
Parsers VC lists 2 investors of Reel, among them Innogy Venture Capital.
What has the press written about Reel?
Parsers VC has collected 9 articles mentioning Reel, among them “FEV leads €15M Series A in Reel to enhance renewable energy predictability” (May 15, 2026) and “+++ Venture Capital +++ SPRIND +++ Next Frontier AI +++ Founders‘ Stories +++ Reel +++” (May 5, 2026).
Is Reel still active?
Yes, Reel is active; its latest activity on Parsers VC dates from Aug 12, 2026.