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.
Location: Denmark
Employees: 1-10
Total raised: $25.31M
Founded date: 2020
Investors 1
| Date | Name | Website |
| - | 2080 Ventu... | 2080.ventu... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 15.05.2026 | Series A | $17.45M | Transition |
| 24.01.2024 | - | $5.46M | - |
| 01.07.2022 | Seed | $2.4M | Unternehme... |
Mentions in press and media 8
| Date | Title | Description |
| 15.05.2026 | 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... |
| 05.05.2026 | +++ 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... |
| 24.01.2024 | 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 ... |
| 01.07.2022 | 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... |
| 01.07.2022 | 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 ... |
| - | Reel Energy | - |
| - | 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” |