trawa Bags €24M to Revolutionize Europe's Energy Landscape
Deal News | May 22, 2025 | Balderton Capital
Trawa, a Berlin-based electricity provider focused on AI-driven solutions, has raised €24 million in Series A funding. The funding round was led by Headline, with participation from Norrsken VC and existing investors like Balderton Capital, who had previously led the seed round. Trawa aims to utilize this capital to expand its mission of providing sustainable, transparent, and cost-effective energy solutions specifically for industrial and commercial businesses across Europe. Their cutting-edge AI-enabled energy procurement platform and proprietary software are designed to offer significant annual savings on electricity costs by optimizing energy consumption. As energy costs create a competitive disadvantage for many European SMEs, trawa's strategy aims to mitigate this by incorporating technologies such as battery storage to promote energy independence and stability.
Sectors
- Energy
- Technology
- Private Equity
Geography
- Germany – Trawa is based in Berlin, Germany, and focuses on providing solutions to European industries.
- Europe – The target market for trawa's operations includes European industrial and commercial businesses facing high energy costs.
Industry
- Energy – The article revolves around trawa, an electricity provider focusing on sustainable and flexible energy solutions using AI technology.
- Technology – Trawa employs AI-powered software solutions to manage and optimize electricity consumption, integrating advanced technologies for industrial applications.
- Private Equity – The article discusses a Series A funding round involving private equity and venture capital firms such as Balderton Capital and Headline.
Financials
- €24 million – The total amount raised by trawa in the Series A funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| trawa | Target Company | Company | A Berlin-based electricity provider using AI technology to optimize energy consumption for industrial and commercial clients. |
| Balderton Capital | Investor | Company | A venture capital firm that led trawa's seed funding and participated in the Series A round. |
| Headline | Lead Investor | Company | The lead investor in trawa's €24 million Series A funding round. |
| Norrsken VC | Investor | Company | Venture capital firm that participated in trawa's Series A funding. |