Belgian startup raises $2.5 million for grid orchestration software
Belgian renewable software startup Powernaut has raised €2.4 million ($2.5 million) in a pre-seed funding round led by Berlin-based Revent, with participation from several other big European venture capital firms. London’s Seedcamp, Antwerp’s Pitchdrive, and Brussels’ Syndicate One joined Revent to back Powernaut, which is headquartered in Ghent.
Powernaut makes software to integrate decentralized devices, such as solar panels, electric vehicles, batteries, and heat pumps with the electricity grid.
The company was founded in January 2024, but it has moved quickly to carve out a corner in the market around Europe’s push to address its grid constraint problems. Its software balances local generation with the needs of the power grid.
The startup has partnered with companies managing more than 200 MW of decentralized energy assets. Its portfolio includes Dutch EV company Powered by Zeno, Dutch energy management platform Harmony Energy, Belgian plug-and-play home battery maker MyGrid, and grid stability software specialist Nox Energy.
“This investment comes at a perfect time,” said Henrik Grosse Hokamp, partner at Revent. “Powernaut is providing the technology needed to support decarbonization, renewable energy rollout, and decentralization, ultimately phasing out polluting power sources like gas plants.”
Powernaut CEO Florentijn Degroote said that renewable installation without proper grid planning is causing problems.
“Navigating the energy transition is tough sailing, especially with so many renewables being installed without much coordination,” he stated. “Unlike traditional power plants, solar panels and wind turbines rely on fluctuating weather conditions, making our energy production increasingly unpredictable. To effectively add more renewables and keep costs low for everyone, we need to coordinate these smart connected devices effectively – and software and AI are essential in doing so.”
Serge Morel, co-founder and CTO of Powernaut, claimed the company's decentralized system has the potential to annually save consumers and businesses across Europe more than €300 billion, while cutting millions of tons of CO₂ emissions each year.
“Having our investors on board is crucial – they share our mission, provide capital, and bring valuable expertise from backing Europe's leading unicorns,” he said. “Their support will help us scale quickly.”
Customized/OEM/ODM Service
HomSolar Supports Lifepo4 battery pack customization/OEM/ODM service, welcome to contact us and tell us your needs.
HomSolar: Your One-stop LiFePO4 Battery Pack & ESS Solution Manufacturer
Our line of LiFePO4 (LFP) batteries offer a solution to demanding applications that require a lighter weight, longer life, and higher capacity battery. Features include advanced battery management systems (BMS), Bluetooth® communication and active intelligent monitoring.
Customised Lithium Iron Phosphate Battery Casing
ABS plastic housing, aluminium housing, stainless steel housing and iron housing are available, and can also be designed and customised according to your needs.
HomSolar Smart BMS
Intelligent Battery Management System for HomSolar Energy Storage System. Bluetooth, temperature sensor, LCD display, CAN interface, UART interface also available.
Terminals & Plugs Can Be Customized
A wide range of terminals and plugs can be customised to suit the application needs of your battery products.
Well-designed Solutions for Energy Storage Systems
We will design the perfect energy storage system solution according to your needs, so that you can easily solve the specific industry applications of battery products.
About Our Battery Cells
Our energy storage system products use brand new grade A LiFePO4 cells with a battery lifespan of more than 4,000 charge/discharge cycles.
Applications in Different Industries
We supply customized & OEM battery pack, assemble cells with wiring, fuse and plastic cover, all the cell wires connected to PCB plug or built BMS.
Applications: E-bike, Electric Scooter, Golf Carts, RV, Electric Wheelchair, Electric Tools, Robot Cleaner, Robot Sweeper, Solar Energy Storage System, Emergency Light, Solar Power Light, Medical Equipment, UPS Backup Power Supply.
We can provide you with customized services. We have the ability to provide a vertical supply chain, from single cells to pack/module and to a complete power solution with BMS, etc.