Dexter Energy, based in Amsterdam, raised €23M in a Series C funding round to enhance their battery trading solutions and optimization tools for wind and solar energy. The round was led by Alantra's energy transition fund, Klima, alongside Mirova and existing investors. Alantra's Klima fund focuses on late-stage investments in energy transition ventures. The funding will enable Dexter Energy to grow its team and redefine short-term trading in renewable energy. Founded in 2017, Dexter Energy aims to support a fully carbon-free power system through advanced machine learning and optimization solutions.
"Dexter Energy exemplifies the kind of cutting-edge energy tech we seek to invest in at Klima: solutions that combine advanced AI with deep energy market expertise to drive real impact."
"We're excited to welcome Klima aboard. They share our belief that AI is now essential infrastructure for an electricity grid increasingly powered by renewables and storage."
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