Eddy Grid, a Dutch energy technology startup focused on optimizing renewable energy assets, has raised €7.5 million in a new funding round as the company continues its rapid expansion across Europe. Founded in 2023 and headquartered in Utrecht, the company reported nearly 900% revenue growth in 2025, surpassed 500 MW of assets under management, and has already achieved cash-flow-positive operations, a rare milestone for a startup at its stage.

The financing round values the company at more than 20 times its valuation from just two years ago. The round was almost entirely backed by existing investors, including Graduate Ventures and Volve Capital, highlighting continued investor confidence in the business. The transaction also included nearly €1 million in secondary sales for existing shareholders.

Eddy Grid develops algorithms that maximize returns from renewable energy assets such as solar farms, wind turbines, and battery storage systems through real-time optimization across energy markets. The company says its technology consistently delivers higher revenues for asset owners, driving strong demand and fueling rapid growth across its sales and operations teams.

The company expanded its workforce from 16 employees in January 2025 to 60 employees and expects to continue its aggressive growth trajectory, forecasting approximately 1,000% growth in 2026. The new capital will primarily be used to strengthen the balance sheet and support its growing customer base.

Eddy Grid currently serves customers in the Netherlands and Belgium and is preparing to launch operations in Germany. With more than 500 MW under management, the company has become the largest independent energy optimizer in the Netherlands. According to the company, its customers now collectively generate more electricity than the city of Utrecht consumes.

KEY QUOTES:

“As VC see we rarely see a team that executes with as much speed from day one as Eddy Grid. The growth of the past three years shows that Eddy Grid is not only technologically ahead, but also a magnet for ambitious people who want to build the future of energy. Recent tensions and energy uncertainty underscore how important smart, independent energy infrastructure is and why technology like Eddy Grid is a global solution.”

Maurits Hovius, General Partner, Volve Capital

“The phenomenal speed at which Eddy Grid is developing and growing is entirely thanks to the exceptional team behind it. Eddy Grid has a unique mix of world-class talent and a very strong company culture, exactly what is needed if you want to become a global player.”

Auke van den Hout, Managing Partner, Graduate Ventures

“The optimization of energy assets is becoming increasingly complex, especially as solar, wind, and battery systems are combined behind a single connection. That complexity is where our strength lies. The fact that we are growing rapidly while remaining cash-flow positive proves that our approach works. With this round, we are strengthening our position as a market leader and accelerating the transition to a sustainable energy network across Europe.”

Sam Rohn, CEO & Founder, Eddy Grid