Companion.energy raises €7.8M to enable corporates to maximise renewable energy assets in real time
Companion.energy, the software platform helping large industrial and commercial enterprises manage energy in real time, today announced the close of a €7.8 million seed round led by Realyze Ventures (Germany) and Pi Labs (United Kingdom), with participation from Asterion Ventures (France) and existing investors.
The company serves more than 30 enterprise customers across Belgium, the Netherlands and Switzerland, including TotalEnergies, KPN, Port of Antwerp-Bruges, Interparking and Proximus Group. Among its customers are manufacturers, logistics operators, telecom operators, EV charging operators, energy companies and other large energy consumers. Over the last year, the company grew its customer base and revenue tenfold, surpassing €1 million in annual recurring revenue.
The company manages more than 2 TWh of annual energy consumption and production across customer portfolios, representing approximately €500 million in annual energy spend and energy revenues. Its platform already supports more than 200 MW of distributed energy assets across solar PV, wind, batteries, e-boilers and EV charging infrastructure.
Through the platform, clients benefit from autonomous decision making on maximising energy assets in real time, reducing energy costs by 10–30%.
Thomas Vyncke, co-founder, Companion.energy, said: “European energy markets are undergoing a structural shift. As penetration of renewables increases and industrial demand becomes more electrified, electricity markets are becoming significantly more volatile and operationally complex. Energy prices that once moved seasonally now fluctuate in real time. At the same time, enterprises are deploying growing fleets of batteries, solar installations, EV charging infrastructure and electrified industrial systems. Most companies still manage this environment through fragmented tooling, spreadsheets and static procurement processes but they need a system that runs and optimises energy operations continuously.”
Jonas Verstraeten, co-founder, Companion.energy, said: “We started Companion because we believed the energy transition would force every large industrial enterprise to manage energy actively, and that they would not be able to do that with spreadsheets and quarterly check-ins. The work of the next decade is to give those teams software that can keep up. This round lets us bring that software to many more enterprises, and help them turn their energy from a competitiveness risk into a competitive advantage.” says.
Companion.energy connects energy contracts, operational systems and distributed assets into a single optimisation platform that continuously forecasts demand, models market exposure and automates energy decisions in real time. The platform helps enterprises optimise procurement decisions, steer assets dynamically and improve the economics of electrification at scale
The new funding will support two priorities: deepening the platform’s multi-asset, multi-market optimisation capabilities, and expanding commercially across Europe, starting with Germany and Spain.
Marnix Roes, Investment Manager at Realyze Ventures, said: “We were deeply impressed by the robustness of Companion.energy’s software and its ability to manage highly complex enterprise energy environments across multiple sites and markets. Germany alone represents a massive opportunity as industrial and commercial enterprises increasingly look for ways to optimise flexibility, electrification and energy exposure operationally rather than manually.”
Dhruv Gupta, Principal at Pi Labs, said: “Enterprise energy management is moving from static procurement and reporting toward 24x7 real-time optimisation. Large enterprises spending tens of millions annually on energy still rely heavily on spreadsheets, dashboards and manual workflows. Companion has built a deeply technical AI platform that fundamentally changes software from a recommendation engine to a system of execution. This is what makes this category so important.”
