Overview
Entrix, a Munich-based battery optimisation company, has raised €43 million in funding, enhancing its position in flexible energy trading and large-scale battery optimisation. The financing round was led by Junction Growth Investors and Korys, with participation from BNP Paribas, Allianz, and others. With 3 GW of contracted battery storage capacity, Entrix addresses the growing need for flexible energy systems amid rising renewable energy use and market volatility, using AI-driven trading to optimise battery performance.
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Investors: Junction Growth Investors, Korys, BNP Paribas, Allianz
Entrix, a Munich-based battery optimisation company, has raised €43 million in funding, enhancing its position in flexible energy trading and large-scale battery optimisation. The financing round was led by Junction Growth Investors and Korys, with participation from BNP Paribas, Allianz, and others. With 3 GW of contracted battery storage capacity, Entrix addresses the growing need for flexible energy systems amid rising renewable energy use and market volatility, using AI-driven trading to optimise battery performance.