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Swedish Engrate has raised €2.5M in a seed round led by Maniv to enhance digital integrations in the energy sector.

Jun 12, 2025•2 months ago

Amount Raised

€2.5 Million

Round Type

seed

DanderydEnergy ManagementEnergy EfficiencyRenewable EnergyEnergy

Investors

Course CorrectedEviny VenturesManiv

Description

Swedish energy startup Engrate has raised a €2.5 million seed round to simplify digital integrations in the energy sector. The round was led by global mobility and energy-focused VC Maniv, with participation from Eviny Ventures and Course Corrected. Engrate plans to use the funding to deepen platform development and expand into Northern European markets. The startup aims to address the growing demand for scalable digital infrastructure amid rising electricity consumption.

Company Information

Company

Engrate

Location

Danderyd, Stockholms län, Sweden

About

Engrate is a Swedish energy startup founded in early 2024 that provides a digital platform to simplify system integrations for energy companies. Their mission is to streamline digital integrations in the energy sector, facilitating a faster transition to renewable energy. The company aims to harmonize data sources and reduce integration complexity, enabling energy companies to focus on growth.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers