Post by Ostrom
10,500 followers
⚡️ Ostrom raises €20M in Series B Funding ⚡️ From day one, we set out to make energy smarter, fairer, and greener — and to empower households to actively participate in the energy transition. In just the last year, we’ve: 📈 Tripled our customer base 🔋 Launched Germany’s largest EV-based Virtual Power Plant 🤖 Automated 50% of customer operations with AI 📲 Built one of the top-rated energy apps in Germany Now we’re scaling faster. With €20M in Series B funding, led by Eneco Ventures and backed by existing investors SE Ventures, Union Square Ventures, Adjacent, 468 Capital, Übermorgen Ventures, and J12, we’re ready to: 🚀 Expand the smart meter rollout in Germany ⚡️ Grow our NeoGrid™ Virtual Power Plant 🧠 Invest deeper into automation & AI Thank you to our investors for believing in the mission. And a huge shoutout to the entire Ostrom team — your dedication, grit, and passion are driving real change in the energy world. 💚 📰 Press release in the comments #ostrom #energy #energyjustbetter #funding #fundraising #seriesb #startup #investor #vc #germany #energiewende Photo: Matthias Martensen CEO on left, Karl Villanueva CMO/CPO on right