Paris based energy tech startup Plume has raised 3.3 million EUR in a new funding round led by AENU. The Y Combinator alum is developing a platform designed to serve as a Bloomberg Terminal for the clean energy sector with a specific focus on the early stage development of solar and battery storage projects. Plume leverages artificial intelligence and geospatial data analysis to help developers navigate regulatory and grid constraints.

By organizing fragmented data sets and allowing users to interact with information through natural language, the company aims to reduce the time required for site selection in renewable energy infrastructure. Plume plans to use the fresh capital to further scale its operations and enhance the functionality of its software. This investment underscores the increasing demand for data driven solutions to address inefficiencies in the renewable energy market.