Dexter Energy has secured €23 million in Series C funding to enhance its AI-driven trade optimization services for renewable energies, facilitating expansion across European markets.

Target Information

Amsterdam-based Dexter Energy, founded in 2017, specializes in climate technology, providing AI-driven forecasting and trade optimization services tailored for renewable energies and battery systems. With a mission to facilitate the transition to a carbon-neutral power system, Dexter enhances short-term power trading for energy producers, thus empowering them to capitalize on their renewable energy assets.

Currently, the company boasts a workforce of 90 professionals and operates across nine European countries, collaborating with over 80 energy companies, including recognized names such as Centrica Energy, Pure Energie, and Luminus. Their innovative solutions integrate automation, forecasting, and asset management, thereby maximizing the value derived from wind, solar, and battery portfolios.

Industry Overview

The renewable energy landscape in Europe has witnessed significant growth, with production increasing from approximately 34% of electricity generation in 2019 to 47% in 2024 and projected to reach 70% by 2030. However, this rapid expansion