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Companion.energy has closed a €7.8 million seed funding round. The round was led by Realyze Ventures and Pi Labs, with participation from Asterion Ventures. The funding is intended to support the company’s expansion in Europe.
The platform reports serving around 30 clients across several countries, including Belgium, the Netherlands, and Switzerland. Its customer base includes organisations such as TotalEnergies and the Port of Antwerp-Bruges, and it operates across sectors including manufacturing, logistics, and telecommunications.
Over the past year, Companion.energy states that it has grown its customer base and revenue by a factor of ten. It also reports managing more than 2 TWh of annual energy consumption and overseeing approximately €500 million in annual energy expenditure.
The platform provides tools for automated decision-making aimed at optimising energy asset usage. According to the company, this can improve operational efficiency and reduce energy costs by approximately 10–30%.
Companion.energy’s system integrates various energy assets, including solar PV, wind generation, battery storage, and EV charging infrastructure, enabling optimisation across multiple energy markets.
The newly raised funding is expected to support further development of its multi-asset optimisation capabilities, as well as expansion efforts in Europe, beginning with Germany and Spain.
The platform connects energy contracts, operational systems, and distributed assets into a single system for real-time optimisation. This is intended to support procurement processes, asset management, and financial performance related to electrification.
The company describes its goal as improving enterprise energy management through its software, with a focus on adapting to ongoing changes in energy systems and supporting operational decision-making.
