Synergi, a Finnish tech company, has announced the completion of its €2 million seed funding round, accelerating the transition toward sustainable energy sources with smart and flexible software for consumers and utilities. Greencode Ventures led the round, with Vaens joining it.
About Synergi
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Launched in 2023, Synergi is a Finnish technology company promoting sustainable energy sources through smart software solutions.
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Its smart electricity platform connects households, utilities, and grid operators, enabling smart energy use and flexibility markets. It has helped thousands of European users save 50% on EV charging and 20% on heating costs annually.
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The app helps consumers find optimal electricity usage times, while utilities can optimize use and onboard assets.
"We want to help consumers and utilities benefit from providing flexibility to the grid. Previously, this was not possible. Soon, utilities can generate revenue from flexibility markets by aggregating the loads of customer-owned energy assets on the Synergi platform and providing their customers with the Synergi app as a turnkey solution, says Antti Hämmäinen, CEO & Co-founder at Synergi."
Investment details
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Greencode Ventures, a pan-European Article 9 venture capital firm specializing in green transition solutions, is the lead investor in this seed round. The firm focuses on green transition through Seed to Series A investments in advanced technologies, aiming to increase efficiency across energy, mobility, industries, and the built environment.
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Vaens, a family office from Finland, alongside existing investors Wave Ventures, APX and Lifeline Ventures, were also involved.
“Energy flexibility is an untapped opportunity. Synergi´s business model has the potential to bring European consumers, utilities, and grid operators together to benefit all by balancing the grid and creating resilience for the whole system” says Ines Bergmann-Nolting, Managing Partner at Greencode Ventures.
The funding will enhance Synergi's recruitment efforts and expand into flexibility markets in the Nordics and central Europe. Synergi intends to recruit more engineering, sales, and marketing personnel. Customers and utilities will both gain from the grid's increased flexibility thanks to this.