trawa, an innovative energy solutions provider, secured €24 million in Series A funding to enable mid-sized businesses in Europe to access sustainable energy and optimize energy management.
Target Information
trawa is an innovative energy solutions provider targeting mid-sized industrial and commercial businesses in Europe. The company focuses on optimizing energy usage and costs through access to sustainable electricity and advanced, AI-based software, aimed at facilitating decarbonization efforts. With its robust platform, trawa empowers businesses to efficiently manage and utilize energy, ensuring compliance with the pressing need for cleaner and more affordable energy sources.
The company currently supports over 100 commercial clients across more than 3,000 locations, including well-known entities such as Flixtrain, Martim hotel chain, SETEX, and Conrad electronics. By leveraging advanced technology, trawa aims to overhaul traditional energy purchase and management practices, positioning itself as a pivotal player in advancing Europe’s energy transition.
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Industry Overview
The industrial sector stands as a vital component of Europe's economy, yet it faces unprecedented challenges from surging energy prices, system volatility, and the urgent imperative for decarbonization. With electricity costs in Europe now twice that of the US and China, the manufactu
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Headline
invested in
trawa
in 2024
in a Series A deal
Disclosed details
Transaction Size: $26M