Stockholm-based Engrate has raised €2.5M in funding to improve digital integrations for energy companies pursuing renewable energy transitions. Founded in 2024 by Anna Engman and Richard Eklund, Engrate aims to create grid flexibility solutions through its digital platform. The investment will support platform development and enhance technology capabilities aligned with EU climate targets, which anticipate a tripling of renewable energy capacity by 2030. Notable investors include Maniv, Eviny Ventures, and several early investors, focusing on the critical need for digitization in Europe's energy sector transformation.
We believe Engrate's capabilities represent a critical node in the comprehensive digitisation of a sector that must quickly adapt to renewable energy demands.
Engrate's solution focuses on connecting energy sector stakeholders digitally to enable faster integration of renewable energy sources into existing grid infrastructure.
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