What is REstore nv/sa?
Founded in 2010 by Jan-Willem Rombouts and Pieter-Jan Mermans, REstore nv/sa operates at the intersection of cloud-based software and industrial energy management. The company provides sophisticated Demand Response programs to Commercial and Industrial (C&I) consumers, while simultaneously delivering robust DSM software solutions to utilities. With a footprint spanning France, the UK, Germany, and the Benelux region, REstore has established itself as a top-tier aggregator in the European market. Its proprietary FlexPond platform is currently utilized by over 125 of Europe's largest industrial energy consumers, facilitating real-time grid balancing and ancillary service participation. The company's market authority is further evidenced by its recognition from the Association for Decentralised Energy and its consistent ranking among Europe's leading demand response providers.
How much funding has REstore nv/sa raised?
REstore nv/sa has raised a total of $7M across 1 funding round:
Series C
$7M
Series C (2015): $7M with participation from Lrm and AXE Investments
Key Investors in REstore nv/sa
LRM
LRM is a venture capital provider that supports economic development and innovation in Limburg by offering smart money and managing business campuses and incubators.
AXE Investments
AXE Investments is a Belgian limited company that focuses on investing as a minority partner in businesses with long-term growth potential, as well as in new ventures related to logistics and technology-based services.
What's next for REstore nv/sa?
With the recent influx of capital, REstore is strategically positioned to accelerate its international footprint, particularly with its expansion into the United States via its San Francisco satellite office. The company is expected to leverage its proven FlexPond and FlexTreo solutions to capture market share in the North American energy landscape, where demand for grid flexibility is rising. Future growth will likely focus on deepening the integration of its 360-degree DSM solutions for energy managers, ensuring that the firm remains at the forefront of the global energy transition. By maintaining its focus on high-value utility partnerships and industrial efficiency, REstore is well-equipped to navigate the challenges of scaling in a competitive, capital-intensive industry.
See full REstore nv/sa company page
