Founded in Zaventem in 2022, Bnewable helps businesses manage their energy consumption and integrate battery storage into their operations. The company targets commercial and industrial customers looking to reduce energy costs, improve resilience, and participate in demand-response markets as the Belgian grid becomes more volatile.
In December 2024, Bnewable raised EUR 40M from RGREEN INVEST, Wallonie Entreprendre, and Dovesco. The investor mix reflects cross-regional support, with both Flemish and Walloon institutional backing.
Despite being founded only in 2022, the scale of the round indicates strong traction and a capital-intensive growth model tied to hardware deployment and long-term energy contracts.