Munich-based encosa has raised €25 million in a financing round that combines seed equity with a scalable debt facility, underscoring investor interest in energy storage solutions for small and mid-sized businesses and energy-intensive industries.
The seed round was led by Realyze Ventures, with participation from Verve Ventures, Bayern Kapital, Blum Ventures, kopa ventures, and returning pre-seed investors First Momentum Ventures, Redstone, Heliad, WEPA Ventures, and UnternehmerTUM Funding for Innovators. Additional backing came from business angels including Andreas Kupke, Marc Stilke, and Sebastian Baerhold.
Founded in 2024, encosa offers battery storage solutions for SMEs and industrial customers, covering system selection, planning, approvals, installation, commissioning, operations, financing, and AI-supported software for optimizing performance. The company said it will use the new capital to further develop its technology platform, expand market development, scale financing options, grow its team, and broaden its presence across Germany.
The seed round was led by Realyze Ventures, with participation from Verve Ventures, Bayern Kapital, Blum Ventures, kopa ventures, and returning pre-seed investors First Momentum Ventures, Redstone, Heliad, WEPA Ventures, and UnternehmerTUM Funding for Innovators. Additional backing came from business angels including Andreas Kupke, Marc Stilke, and Sebastian Baerhold.
Founded in 2024, encosa offers battery storage solutions for SMEs and industrial customers, covering system selection, planning, approvals, installation, commissioning, operations, financing, and AI-supported software for optimizing performance. The company said it will use the new capital to further develop its technology platform, expand market development, scale financing options, grow its team, and broaden its presence across Germany.