Linkener secures €7.5M to expand its energy management platform

Energy
technology startup Linkener has raised €7.5 million in a funding round led by
Klima Energy Transition Fund, Alantra’s energy transition fund, with existing
shareholder GoHub Ventures remaining on board.

Linkener
has developed an Intelligent Energy Management System (SIGE) that uses
proprietary remote metering technology to help businesses and organisations
monitor, analyse and optimise their energy consumption.

The platform allows
customers to track consumption using their own data, digitise and validate
energy bills, analyse supply contracts and receive alerts and recommendations
to identify potential savings and better manage energy costs.

Alongside
its technology platform, Linkener supports businesses in implementing
energy-saving projects, having completed more than 400 solar and battery
storage installations across Spain. The company serves over 2,000 customers and
manages 10,000 energy supply points, covering 1.7 TWh of annual energy
consumption.

The company
sees significant opportunities for digitalisation and energy optimisation,
particularly in the services sector, where monitoring and controlling
consumption can generate savings of 20 per cent. Rising and volatile energy
prices, alongside increasingly complex contracts and regulations, are also
driving demand for tools that give businesses greater visibility and control
over their energy costs.

José Ignacio Ruiz, CEO of Linkener, commented:

This
funding round will allow us to accelerate the transformation of a highly
fragmented sector, where energy management remains rooted in practices from 40
years ago.
We want businesses to have reliable data and technology to
understand how much they spend on energy, anticipate their costs and make
better decisions.

With the
new funding, Linkener plans to further develop its technology and proprietary
AI models for energy management. By combining AI with advanced data analytics,
the company aims to automate the processing of energy information and bills,
detect anomalies and identify opportunities for cost optimisation and savings.

The
investment will also support Linkener’s organic growth and acquisition
strategy. The company plans to acquire and integrate complementary businesses,
products and capabilities to expand its range of solutions and strengthen its
technology and commercial operations.