Scale Energy secures 2 million euro seed

Scale Energy has closed a seed financing led by Climentum Capital. Additional CapEx investment secures financing for 100 MW of battery storage projects

Berlin, February 20, 2025 - Berlin-based climate tech startup Scale Energy, a leading developer of industrial battery storage systems, has successfully closed an oversubscribed seed financing round of €2 million. The equity financing is led by Climentum Capital, with participation from Vireo Ventures, existing investors Antler and P3A as well as a group of high-profile business angels.

In addition, Scale Energy secured a capital commitment for 100 megawatts of battery projects from an investor specializing in energy infrastructure in the DACH region.

Strategic investment for growth and project development

The seed round is led by Climentum Capital, a European early-stage investor in the field of climate technologies. Vireo Ventures, specialized in energy and mobility innovations, and existing investors Antler and P3A have also increased their commitment.

The team has developed a convincing structure that combines venture and infrastructure capital and thus enables attractive offers for industrial customers.

Dörte Hirschberg, General Partner at Climentum Capital

The round is complemented by angel investors, including:

• Dr. Christine Prauschke, former Chief Digital Officer at Enpal
• Henning Gebhardt, former Global Head of Equities at DWS
• Thomas Rüschen, former manager at Deutsche Bank Wealth Management
• The Frankfurt-based family office SKR Capital, which contributes further industry experience

100 MW project capital for battery storage in the industrial sector

In parallel to the equity financing, Scale Energy has secured a capital commitment for battery storage projects with a total capacity of 100 megawatts. The financing will be provided via a CapEx facility from an investor specializing in energy infrastructure.

Our battery storage systems reduce energy costs, stabilize the grid and promote decarbonization.

Elias Aruna, co-founder and CEO of Scale Energy

These funds enable Scale Energy to accelerate project development without tying up customers' capital. Industrial companies benefit from battery storage systems that cushion peak loads (peak shaving), shift energy consumption to more favorable time windows and thus lower electricity costs, reduce CO₂ emissions and increase energy security.

Storage solutions for the energy transition

The company pursues a decentralized approach by using existing, often unused grid connections at industrial sites for battery storage. In contrast to expensive new buildings, the company uses existing infrastructure to store energy and stabilize the power grid.

Project pipeline and customers

The startup has already built up a project pipeline of over 500 megawatts at more than 100 industrial sites in Germany and Austria. Its customers include: Paper manufacturers, automotive suppliers and aluminum producers. Any company with a grid connection of at least 1,000 kilowatts can benefit from the battery storage solutions.

Cutting energy costs and reducing CO₂ emissions

In view of the high energy prices in Europe - currently two to three times higher than in the USA - battery storage systems are becoming increasingly important. According to Frontier Economics, energy storage could save €12 billion in electricity trading costs by 2050. Scale Energy estimates the savings potential for German industry at over 9 billion euros per year.