Sympower was founded in 2015 with the mission to enable the transition to a fully renewable energy system.
We achieve this by unlocking the flexibility of electric assets across industries, from steel smelting to solar panels, electric vehicles to paper production, and maximising the value of this flexibility across energy markets. When the grid is out of balance, we temporarily adjust the power of machines and processes through our advanced and automated demand response capabilities. Flexibility is a vital component of a fully renewable energy system and by providing non-intrusive software solutions, we allow our customers to enhance the value of their electrical assets.
We empower traditional industries to become more sustainable and enable the shift from fossil fuels to renewables.
Location: Netherlands, North Holland, Amsterdam
Employees: 51-200
Total raised: $54.35M
Founded date: 2015
Investors 3
| Date | Name | Website |
| 22.10.2021 | Plug and P... | plugandpla... |
| - | Rubio Impa... | rubio.vc |
| - | Activate C... | activateca... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 21.11.2022 | Series B | $25.7M | - |
| 19.07.2022 | - | $22.51M | - |
| 24.03.2021 | Series B | $6.14M | - |
Mentions in press and media 21
| Date | Title | Description |
| 28.03.2024 | EIC Scaling Club announces its first 48 European deeptech scaleups | Today the EIC Scaling Club unveiled the selection of the first 48 European deep tech scaleups to join its curated community of standout companies, investors, corporate innovators, mentors, media firms and other industry stakeholders. The li... |
| 03.03.2023 | 2022 sees Europe's IoT startups smashing funding records – 10 fundraisers to watch | It's Mobile World Congress (MWC) time again, so it's a great time to be a journalist if you love IoT. Last month, electronics distributor Avnet Abacus released research that crunched the number of IoT investments in 2022. It revealed that t... |
| 21.12.2022 | Amsterdam-based SaaS startups that raised €10M+ in 2022 and are hiring right now | Software as a Service (SaaS) companies are revolutionising the world of online business with their innovative approach to software development. SaaS companies are on the rise as more and more businesses are turning to cloud-based solutions ... |
| 14.12.2022 | Amsterdam-based energy startups that raised more than €1M in 2022; 8 of them are hiring now | The world is constantly changing, and along with it the business landscape is changing too. So to stay ahead of the curve, it’s essential to keep an eye on up-and-coming industries poised to make a significant impact. One such industry is e... |
| 30.11.2022 | These Amsterdam-based startups raised funding in November; 6 of them are hiring right now | There’s no question that Amsterdam is a great place for startups. The city has a thriving ecosystem of startups, investors, and mentors, and is also home to some of the best accelerators and incubators in Europe. As a result, Amsterdam’s st... |
| 21.11.2022 | Netherlands-based Sympower raises an additional EUR 3 million in Series B | Amsterdam, The Netherlands-based developer of renewable energy systems, Sympower, raised an additional EUR 3 million in the latest financing. The Series B round took place on November 21, 2022. Activate Capital, Rubio Impact Ventures, and P... |
| 21.11.2022 | As Europe stares down an energy crisis, Sympower brings Series B to €25 million | Amsterdam’s low carbon grid-balancing services provider Sympower has added an additional €3 million to its Series B funding round, now hovering at €25 million. The additional capital follows a €22 million unclassified raise announced in Jul... |
| 21.11.2022 | Amsterdam’s Sympower powers up its €22M funding round with additional €3M amid European energy crisis | Amsterdam-based Sympower, a company that aims to bring low-carbon grid-balancing services to Europe, announced on Monday that it has raised an additional €3M in funding. The investment follows the startup’s recent funding of €22M from five ... |
| 21.11.2022 | Sympower fuels up to €25 million in Series B funding to build a more innovative renewable energy system across Europe | - |
| 21.11.2022 | Sympower Raises Additional €3M in Series B Financing | Sympower, an Amsterdam, The Netherlands-based developer of renewable energy systems, raised additional €3M in a Series B funding now totaling €22M. The €3M round was led by Activate Capital, Rubio Impact Ventures, and PDENH. The €22M round ... |
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