Berlin — The energy startup trawa has closed a Series A financing round of 24 million euros. The round was led by Headline and also included Norrsken VC, the impact fund of the Klarna co-founder, as well as existing investors Balderton Capital, Speedinvest and AENU. Magnetic from Berlin and Tiny VC from London are also new on board.
trawa is building the backbone of Europe’s new industrial era. “The Berlin-based B2B energy start-up wants to digitize and decarbonize the power supply for industrial and commercial companies,” explains Christian Miele, General Partner at Headline.
All-in-one solution for energy supply and flexibility management
trawa offers industrial and commercial customers a combination of power supply, AI-controlled energy management software and flexibility marketing (e.g. battery storage). This enables companies with high electricity consumption (from around € 100,000 per year) to manage consumption and costs efficiently and achieve significant savings of up to 30 %.
Intelligent control and the economical use of decentralized technologies (such as batteries) can avoid expensive grid peaks, increase self-consumption and open up new sources of income.
In view of high electricity prices in Europe (around twice as high as in China or the USA), growing volatility due to renewable energies and increasing pressure to decarbonize, trawa sees itself as the answer to the threat of de-industrialization.
“Energy prices have long been a structural risk for many European SMEs. We combine affordable, sustainable electricity with intelligent software and flexible solutions — this creates competitive advantages in a tense energy future,” says David Budde, CEO and co-founder of trawa.
Consultant trawa: V14, Berlin
