Lumenaza receives 6.5 million euros in Series B round

The start-up intends to use the money to drive forward its European expansion.

The Berlin-based start-up Lumenaza has received 6.5 million euros in its Series B financing round. The backers are the new investors First Imagine! from London, a VC with a focus on technologies that drive the energy transition, and New Kraftwerk Technology, which is mainly financed by Tom Wolf's family office. The previous investors Future Energy Ventures from Essen and Berlin-based IBB Ventures also participated in the round.

Lumenaza sees itself as an energy-as-a-service provider and connects consumers and producers of green energy for a decentralized power supply. The platform can be used for billing, for example. "I am convinced of Lumenaza's unique value proposition that enables green utilities to start, grow and develop their business," says new investor Wolf. "The company's scalable platform is exceptional. As the market leader in Energy-as-a-Service, Lumenaza has a bright future ahead of it and I am proud to support the company on this exciting growth journey."

The start-up is now focusing on other regions. Lumenaza already had individual projects in Sweden, the UK and Spain. Spain has emerged as a priority growth market. "This additional funding will enable us to implement new green energy solutions across Europe together with our existing customers and innovative energy suppliers," says Christian Chudoba, CEO and founder of Lumenaza.