What is Sympower?
Founded in 2015, Sympower is at the forefront of the energy transition, developing sophisticated software solutions to harness the flexibility of industrial and commercial electric assets. By temporarily adjusting power consumption of machinery and processes, Sympower's automated demand response system helps balance the energy grid, a critical function for integrating renewable energy sources. Their technology is applicable across a wide range of industries, including steel production, solar panel operations, electric vehicle charging infrastructure, and paper manufacturing, thereby maximizing the value of these assets in energy markets.
How much funding has Sympower raised?
Sympower has raised a total of $78.3M across 4 funding rounds:
Series A
$3.5M
Unspecified
$23M
Grant
$2.2M
Series B
$49.6M
Series A (2019): $3.5M with participation from Participatiefonds Duurzame Economie Noord-Holland (PDENH) and Social Impact Ventures
Unspecified (2022): $23M led by Activate Capital, Expon Capital, and Rubio Impact Ventures
Grant (2022): $2.2M, investors not publicly disclosed
Series B (2025): $49.6M featuring A&G Energy Transition Tech Fund, Activate Capital, Rubio Impact Ventures, and Pdenh
Key Investors in Sympower
Activate Capital
Activate Capital partners with entrepreneurs to build sustainable and intelligent energy and industry solutions. They focus on investing in high-growth companies that are transforming markets through innovative technologies for a better future.
Pdenh
PDENH is an investment fund focused on sustainable businesses and initiatives in North Holland, having contributed over 70 million euros to the transition towards a sustainable and circular economy over the past decade.
Expon Capital
Expon Capital is a venture capital firm based in Luxembourg that provides seed and scale-up funding to high-impact, tech-driven companies. They focus on investing in early-stage startups and well-established growing companies, particularly those with the potential to create meaningful impact.
What's next for Sympower?
With substantial enterprise-level backing and a recent strategic investment, Sympower is well-positioned to scale its operations and further develop its innovative demand response technology. This capital infusion is expected to accelerate the company's mission to facilitate a fully renewable energy future by enhancing grid flexibility and empowering customers to derive greater value from their electrical assets. The company's focus on providing non-intrusive software solutions indicates a strategy geared towards seamless integration and widespread adoption, potentially leading to further market expansion and technological advancements in grid management.
See full Sympower company page
