Decade Energy, a Paris-based energy startup focused on logistics depots, has raised €22 million in funding to expand its energy infrastructure platform and deploy battery storage projects in France.
The round was led by Eiffel Investment Group and SET Ventures, with continued backing from existing investors Contrarian Ventures and Ananda Impact Ventures. Founder Casper Norden leads the company, which develops, finances and operates energy infrastructure for depots, including grid connections, battery storage, EV charging, solar installations and energy optimisation software.
A €16 million commitment from Eiffel Investment Group, through Eiffel Transition Infrastructure, is earmarked for project deployment. The company said the funding is intended to support the rollout of at least 100MW of battery energy storage system projects across France, representing roughly €50 million in total CapEx financing.
The remaining capital will be used to advance Decade Energy’s product roadmap, including energy optimisation software, truck charging products, PV offerings and team expansion into new markets. The raise comes as logistics operators face rising pressure to electrify fleets while dealing with grid constraints and long connection timelines.
The round was led by Eiffel Investment Group and SET Ventures, with continued backing from existing investors Contrarian Ventures and Ananda Impact Ventures. Founder Casper Norden leads the company, which develops, finances and operates energy infrastructure for depots, including grid connections, battery storage, EV charging, solar installations and energy optimisation software.
A €16 million commitment from Eiffel Investment Group, through Eiffel Transition Infrastructure, is earmarked for project deployment. The company said the funding is intended to support the rollout of at least 100MW of battery energy storage system projects across France, representing roughly €50 million in total CapEx financing.
The remaining capital will be used to advance Decade Energy’s product roadmap, including energy optimisation software, truck charging products, PV offerings and team expansion into new markets. The raise comes as logistics operators face rising pressure to electrify fleets while dealing with grid constraints and long connection timelines.