Powernaut, a Ghent, Belgium-based provider of orchestration software for decentralised energy systems, raised €2.4M in Pre-Seed funding.
The round was led by Revent, joined by Seedcamp (London), Pitchdrive (Antwerp), and Syndicate One (Brussels).
The company intends to use the funds to support its mission to decentralise the energy sector and reduce the reliance on fossil fuels entirely, all while lowering costs for consumers.
Led by CEO Florentijn Degroote and CTO Serge Morel, Powernaut develops orchestration software that manages millions of decentralised devices, think electric vehicles, solar panels, batteries and heat pumps, to optimise them across the portfolio of energy suppliers.
Rather than focusing on local energy generation, it ensures these devices are integrated effectively with the wider grid, balancing local production with grid demands. This coordination enables energy suppliers to offer new, cost-effective solutions to consumers while eliminating dependence on fossil fuels.
Since its inception in January 2024, Powernaut has partnered with industry leaders managing over 200MW of decentralised energy assets, such as solar panels, batteries, and electric vehicles.
FinSMEs
12/12/202