encosa Energy announced the closing of a €25 million seed funding round as the company scales its battery energy storage platform designed to help German small and medium-sized enterprises reduce energy costs and improve energy efficiency.
The funding round was led by Realyze Ventures and included participation from Verve Ventures, Bayern Kapital, Blum Ventures, and kopa ventures. Existing investors First Momentum Ventures, Redstone, Heliad, UnternehmerTUM Funding for Innovators, and a family venture capital consortium of family-owned businesses around WEPA also participated in the round.
Additional investors included business angels Andreas Kupke, co-founder and former COO/CFO of Finanzcheck.de, Marc Stilke, former CEO of Immobilienscout24, and Sebastian Baerhold, co-founder of IDnow.
According to the company, the capital will be used to further develop its technology platform, expand market development efforts, scale financing options, and continue building its team.
encosa stated that battery energy storage systems represent an increasingly important solution for German SMEs facing structurally higher energy costs. The company aims to simplify deployment by reducing the complexity, capital requirements, and project management burdens traditionally associated with battery storage installations.
The company said it plans to expand flexible financing programs that allow customers to purchase, lease, or rent battery storage systems based on their operational and financial needs.
encosa also intends to broaden its customer reach by targeting additional market segments while expanding its presence across Germany.
The company focuses on helping businesses optimize energy consumption and savings through battery energy storage solutions as part of the broader energy transition and clean technology markets.
