Trawa's solution comes at a time when Europe is facing an energy crisis, with electricity prices spiking and impacting manufacturing. The startup claims its AI-powered purchasing and management software can help companies save up to 30% of their energy costs a year. Trawa already has several industrial customers in the DACH region, including SETEX-Textil, Amano Hotel Group, Sunmaxx, Loxxess, and Coroplast Group. The funding round also saw participation from German climate tech investor AENU, Speedinvest, Magnetic, and TinyVC.
Key takeaways:
- Trawa, a Berlin-based renewable energy supplier, has raised €10 million in a seed round led by Balderton Capital, bringing its total capital raised to over €12 million.
- The startup offers an AI-powered platform that simplifies energy purchasing and management for SMEs, allowing them to buy from renewable energy sources and providing downstream data about their energy needs.
- Trawa's AI creates an optimal combination of power from different products to match the buyer’s consumption patterns, potentially saving companies up to 30% of their energy costs a year.
- The startup already has several industrial customers in the DACH region, including SETEX-Textil, Amano Hotel Group, Sunmaxx, Loxxess, and Coroplast Group.