GreenGate Partners advises Rabot Energy on a USD 50 million financing round
Rabot Energy, a digital energy provider and offerer of dynamic electricity rates, has closed a Series B financing round totaling USD 50 million. The company combines smart electricity rates with a technology platform that enables flexible and automated control of energy consumption and storage.
The financing round was led by Endeit Capital in partnership with the DTCF | DeepTech & Climate Fonds. Existing investors such as HV Capital, HTGF | High-Tech Gründerfonds, Bosch Ventures, CNI, Acurio Ventures and vent.io also participated again.
Rabot Energy plans to use the new capital to further expand its technology platform and, in particular, to advance the smart networking of battery storage systems, wall boxes, and heat pumps. The goal is to connect millions of individual households into a 𝘃𝗶𝗿𝘁𝘂𝗮𝗹 𝗽𝗼𝘄𝗲𝗿 𝗽𝗹𝗮𝗻𝘁, thereby contributing to a more flexible electricity system that is increasingly based on renewable energy.