enspired expands Series B round to over 40 million euros

Vienna-based ClimateTech and Energy FinTech company enspired, Europe's leading provider of AI-based optimization of battery storage systems (BESS), has expanded its Series B financing round to over 40 million euros. New on board is Future Energy Ventures, while existing investors such as Zouk Capital, EnBW New Ventures, Banpu NEXT, PUSH VC and 360 Capital are increasing their participation.

With the new capital, enspired aims to scale its technology globally, drive the development of new use cases and further consolidate its position as a technology leader in the commercial optimization of energy storage.

enspired accelerates expansion

Over the past twelve months, enspired has entered six new markets and exceeded the 1 gigawatt mark of battery storage capacity under management. This makes the company one of the fastest-growing technology providers in the European energy market.

With Future Energy Ventures as a strategic partner, we are now perfectly positioned to accelerate our expansion and launch several innovative use cases soon.

Jürgen Mayerhofer, CEO and co-founder of enspired

AI-supported flexibility optimization for the energy transition

enspired operates a fully automated trading platform that optimizes battery storage and other energy assets in real time on European electricity markets, from wholesale to balancing energy to ancillary services. The platform uses artificial intelligence to make trading decisions in milliseconds and maximize the return on energy flexibility.

Energy storage is key to Europe's resilience as everything goes electric.

Jan Palasinski, Partner at Future Energy Ventures.

By combining technological leadership and trading expertise, enspired enables its clients, such as utilities, asset owners and storage operators, to fully monetize their flexibility capacities with minimal time-to-market.

Investors rely on storage intelligence as the backbone of the energy transition

For new and existing investors, enspired is a central component of the European energy strategy. The inflow of capital should enable enspired to meet the growing global demand for BESS optimization. While Europe continues to offer growth potential, Asia and the USA in particular are moving into focus as new target markets.

A first step towards global scaling is the partnership with Banpu NEXT, a leading provider of Net-Zero solutions in the Asia-Pacific region. Together, the two companies want to drive forward the optimization of battery storage in the Japanese electricity market.

"With enspired's expertise and AI technologies, we are jointly developing new energy solutions for Japan," says Smittipon Srethapramote, CEO of Banpu NEXT. "This partnership strengthens our BESS portfolio, accelerates our trading activities and supports Japan's decarbonization goals."

With its new capital base and technological edge, enspired aims to actively shape this transformation towards a decentralized, AI-driven and globally connected energy economy.

enspired was founded in Vienna and is considered a pioneer in the simultaneous commercial optimization of battery storage and other energy systems across various electricity markets. enspired's in-house developed, fully automated trading platform is the fastest on the European short-term electricity market and enables customers to fully monetize their flexibility.