Eddy Grid, a Utrecht-based EnergyTech startup, has closed a new financing round of €7.5 million, valuing the company at more than 20 times its value just two years ago.
The round was funded almost entirely internally, underscoring the strong confidence of existing investors, including Graduate Ventures and Volve Capital. Nearly €1 million in secondary transactions were also realised for existing shareholders. In 2024, the company raised a €1.5 million round.
“The optimisation of energy assets is becoming increasingly complex at a rapid pace, especially now that solar, wind, and batteries are increasingly being combined behind a single connection. It is precisely in this complexity that our strength lies. The fact that we are growing rapidly and are cash flow-positive proves that our approach works. With this round, we are strengthening our position as market leader and accelerating the move towards a sustainable energy grid in Europe,” said Sam Rohn, CEO and co-founder of Eddy Grid.
Founded in 2023, Eddy Grid develops advanced algorithms that maximise the yields of renewable energy sources such as solar panels, wind turbines, and battery systems, through real-time optimisation on energy markets.
The company reported “explosive” revenue growth of nearly 900% in 2025 and anticipates another 1000% growth in 2026. The three-year-old energy startup is cash-flow positive.
Eddy Grid also points out that its algorithms generate the highest returns on the market across a wide range of products. It also mentions that owners of solar farms, wind turbines, and batteries are increasingly discovering that switching to Eddy Grid immediately leads to “significantly” higher revenues.
“As VCs, we rarely see a team that executes with such speed from day one as Eddy Grid. The growth over the past three years shows that Eddy Grid is not only at the forefront technologically but is also a magnet for ambitious people who want to build the future of energy. The recent tensions and energy uncertainty, in particular, underscore how important smart, independent energy infrastructure is and why technology like Eddy Grid is the global solution,” said Maurits Hovius, General Partner at Volve Capital.
With this capital, the company plans to further strengthen the balance sheet, so that Eddy Grid becomes an even stronger partner for its rapidly growing client portfolio.
The team has grown from 16 to 60 employees since January 2025. Eddy Grid has now made its first international moves. It currently serves customers in the Netherlands and Belgium and is preparing to launch in Germany. The company has also exceeded 500 MW under management, making it the largest independent optimiser in the Netherlands. Currently, Eddy Grid’s customers produce more electricity than the city of Utrecht consumes.
