Dexter Energy Raises €10.5 Million To Expand Its Ai-Based Renewable Power Generation Forecasting Markets And Double Its Team
Dexter Energy Raises €10.5 Million To Expand Its Ai-Based Renewable Power Generation Forecasting Markets And Double Its Team
04/18/23, 12:25 PM
Location
Money raised
€10.5 million
Industry
biomass energy
renewable energy
energy
artificial intelligence
Investors
Pdenh, Newion, Rockstart, Astelia, Etf Partners
Dutch firm Dexter Energy uses AI-based renewable power generation forecasting for short-term energy trading solutions. It has announced it raised a €10.5 million Series B round to support its expansion into new European markets as it aims to double the size of its team by the end of this year.
Company Info
Location
amsterdam, new york, united states
Additional Info
Dexter offers AI-based forecasting & trading services to reduce imbalance on the electricity grid and help energy companies save imbalance costs up to 35%. The services optimise the portfolio of energy companies by accurately forecasting energy loads and imbalances on the grid.
For more information see www.dexterenergy.nl .