Summary:
- Ostrom, a digital green energy provider based in Berlin, secured €20M in Series B funding.
- The funding round was led by Eneco Ventures, with participation from other notable investors.
- Ostrom plans to use the funds to expand its operations and further develop its offerings in the green energy market.
Article:
In a recent development, Ostrom, a leading digital green energy provider headquartered in Berlin, successfully raised €20M in Series B funding. The funding round was spearheaded by Eneco Ventures, a prominent investor in the energy sector, along with contributions from SE Ventures, Union Square Ventures, Adjacent, Übermorgen, and J12. This significant injection of capital will enable Ostrom to accelerate its expansion plans and enhance its development efforts in the competitive green energy market.
Under the leadership of CEO Matthias Martensen, Ostrom offers innovative solutions that empower consumers to have greater control over their household electricity consumption. Through a subscription-based model, customers can opt for either SimplyFair, which provides predictable and flexible billing, or SimplyDynamic, leveraging smart meters and hourly pricing to optimize energy usage for cost-effectiveness and environmental sustainability. The company’s user-friendly app allows users to monitor, manage, and optimize their energy consumption, while also integrating with electric vehicles, chargers, solar panels, and battery storage solutions for enhanced household independence.
With this latest round of funding, Ostrom’s total investment tally now exceeds €40M, underscoring the growing confidence in the company’s vision and potential within the green energy landscape. As Ostrom continues to innovate and expand its offerings, it remains committed to driving positive change in the energy sector and empowering consumers to make sustainable choices for a greener future.
Stay tuned for more updates on Ostrom’s journey as they pave the way for a more sustainable and environmentally conscious energy ecosystem.
FinSMEs
20/06/2025
