Ostrom, a Berlin, Germany-based digital inexperienced power supplier, raised €20M in Sequence B funding.
The spherical was led by Eneco Ventures, with participation from SE Ventures, Union Sq. Ventures, Adjoining, Übermorgen and J12.
The corporate intends to make use of the funds to increase operations and its improvement efforts.
Led by CEO Matthias Martensen, Ostrom is a digital inexperienced power supplier providing management over family electrical energy with a flat month-to-month payment and electricity-at-cost. Prospects can select between SimplyFair, with predictable and versatile billing, or SimplyDynamic, which makes use of good meters and hourly costs to assist households devour power when it’s most cost-effective and greenest. Its app lets customers monitor, handle and optimize their power, whereas additionally connecting to EVs & chargers, photo voltaic and battery storage for the family independence.
This new funding spherical introduced the entire funding to over €40M.
FinSMEs
20/06/2025
