Sympower raises €3 million in Series A funding round

Sympower raises €3 million in Series A funding round

Sympower, an international scale-up in the energy transition, has raised €3 million in a Series A financing round from Dutch investment funds Social Impact Ventures and Participatiefonds Duurzame Economie Noord-Holland (PDENH), existing investors, and its own team. The investment will finance international expansion to maximize the impact on electricity systems worldwide.

Sympower's goal is to become the leading global platform for providing sustainable, distributed balancing services for the electricity system. By remaining an independent player in the various energy markets, a rapid and unlimited scaling of services and partnerships will continue to be possible.

Sympower was assisted by Tim Carapiet van Wintertaling lawyers and notaries.

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