Powernaut, a Ghent-based startup developing orchestration software for decentralised energy systems, has raised €2.4 million in pre-seed funding.
The funding round was led by Berlin’s Revent, with contributions from London-based Seedcamp and funds Pitchdrive and Syndicate One. The funding will drive Powernaut’s mission to accelerate the energy transition while lowering costs for consumers.
“Navigating the transition is tough sailing, especially with so many renewables being installed without much coordination,” said Florentijn Degroote, Co-founder and CEO of Powernaut. “Unlike traditional power plants, solar panels and wind turbines rely on fluctuating natural conditions, making our energy production increasingly unpredictable. To effectively add more renewables and keep costs low for everyone, these smart connected devices should and can be managed more efficiently with tailored software and AI technology.”
Founded in January 2024, Powernaut is tackling one of the reportedly biggest challenges in the shift to renewables: integrating millions of decentralised energy devices, such as solar panels, batteries, electric vehicles, and heat pumps, into the electricity grid. While these technologies are key to reducing reliance on fossil fuels, they create new complexities for energy suppliers and grid operators.
Powernaut’s software helps energy suppliers manage this design shift by optimising millions of decentralised devices. Rather than just focusing on local energy generation, it ensures these devices are integrated effectively with the wider grid, balancing local production with grid demands.
This coordination aims to enable energy suppliers to offer new, cost-effective solutions to consumers while eliminating dependence on fossil fuels.
Powernaut is already managing over 200MW of decentralised energy assets—equivalent to 80 wind turbines or enough to power approximately 40,000 homes. The startup’s efforts are aligned with the European Commission’s prediction of a surge in decentralised infrastructure, including up to 10 million electric vehicle charging stations and a doubling of solar panel installations by 2030.
“This investment comes at a perfect time,” said Henrik Grosse Hokamp, partner at Revent. “Powernaut is providing the technology needed to support decarbonisation,
renewable energy rollout, and decentralisation, ultimately phasing out polluting power
sources like gas plants.”
Co-founder and CTO Serge Morel highlighted the broader impact of their mission: “Our new decentralised system has the potential to save consumers and businesses across Europe more than €300 billion annually, while cutting millions of tons of CO₂ emissions each year. Having our investors on board is crucial—they share our mission, provide capital, and bring valuable expertise from backing Europe’s leading unicorns. Their support will help us scale quickly, bring in new talent, and achieve our climate goals.”
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