What does node.energy do?
node.energy is a software company based in Frankfurt, Germany that provides green electricity services. It enables medium-sized companies to secure direct power purchase agreements with renewable energy sources such as wind farms and solar power plants, while managing supply processes, invoicing, and energy data transparency.
How much did they raise?
The company raised €15M in a Series B funding round. The round was led by DeepTech and Climate Fund and eCAPITAL Entrepreneurial Partners, with additional participation from High-Tech Gründerfonds, Bitstone Capital, and BonVenture.
What are their plans for the money?
node.energy plans to use the funding to expand its operations and further develop its software platform. This investment will help enhance the management of renewable energy contracts and support Germany's competitiveness as a business location.
What have they achieved so far?
The company has already established a robust platform that facilitates direct PPAs and comprehensive management of energy data, demonstrating its commitment and ability to deliver on its green energy solutions.
