Check out the pitch deck Capalo AI, a startup making energy storage more efficient, used to raise $4.1 million
Mar 19, 2025 - businessinsider.com
Capalo AI, a Finland-based startup, has secured $4.1 million in seed funding to enhance battery storage optimization using artificial intelligence. The company's platform forecasts renewable energy production and consumption, allowing battery storage providers to optimize their operations by deciding when to charge and discharge batteries. This approach addresses the challenge of intermittent energy generation from sources like wind and solar, ensuring excess energy is stored and used efficiently. Capalo AI's model incorporates data such as weather forecasts and consumer energy usage to make informed decisions, ultimately maximizing earnings for battery owners and benefiting the grid. The startup's business model involves profit-sharing with renewable energy infrastructure investors, including MW Storage.
The funding round was led by VentureFriends and PROfounders, with contributions from existing investors Inventure and Innovestor. Capalo AI plans to use the new funds to expand into the Baltic region. The company operates by making energy bids to electricity markets and dispatching energy from batteries based on grid commitments. Capalo AI's virtual power plants provide an end-to-end solution by sending data-driven commands to battery providers, optimizing their usage and ensuring efficient energy distribution.
Key takeaways:
Capalo AI secured $4.1 million in seed funding to optimize battery storage using AI-driven forecasts.
The startup's platform uses artificial intelligence to forecast renewable energy creation and consumption, optimizing battery operations.
Capalo AI's business model involves profit sharing with renewable energy infrastructure investors by taking a cut of earnings from electricity markets.
The company plans to use the fresh funds to expand into the Baltics.
