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Powernaut

Powernaut is a Ghent-based cleantech startup founded in 2024 that operates a Virtual Power Plant platform for aggregating and managing decentralized energy resources, having raised EUR 2.4M.

2024 Founded1 Person on the graph8 News mentions

Overview

Founded in 2024, Powernaut builds software that aggregates distributed energy assets, such as batteries, solar installations, and flexible loads, into a coordinated Virtual Power Plant. This enables grid operators and energy traders to treat dispersed assets as a single dispatchable resource.

The EUR 2.4M raise, completed in 2024, funds the platform's development and initial market entry. Virtual Power Plant technology is gaining traction across Europe as grids absorb more intermittent renewables and flexibility becomes a tradable commodity.

Powernaut operates from Ghent and is part of the growing Belgian cleantech and energy technology cluster.

Funding history

  • Round: EUR 2.4M (2024)

Key people

In the news

Backers

  • Pitchdrive

    Pitchdrive is a venture capital fund that invests in pre-seed and seed stage startups, with four funds raised totaling €250K-2M in first-check investments, and a portfolio of over 70 companies backed globally.

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