Berlin-based energy startup Trawa recently announced that it has secured €2.4 million in funding to advance its mission of accelerating the transition to a sustainable energy future. This funding round was led by the European Investment Bank (EIB) and includes investments from the German energy company E.ON, the venture capital firm Coparion, and the energy-focused venture capital fund innogy Ventures.
Trawa is a digital platform that enables customers to access clean energy sources and manage their energy consumption in an efficient and cost-effective manner. The platform provides customers with access to renewable energy sources such as solar, wind, and hydroelectric power, as well as access to energy storage solutions. The platform also allows customers to monitor their energy usage and make informed decisions about their energy consumption.
The funding from the EIB and other investors will enable Trawa to expand its platform and services to more customers, as well as to develop new technologies to further support the transition to a sustainable energy future. With this funding, Trawa plans to expand its customer base by offering its services in new markets, as well as to develop new technologies such as blockchain-based energy trading solutions and artificial intelligence-driven energy management systems.
Trawa’s mission of accelerating the transition to a sustainable energy future is in line with the European Union’s goal of achieving climate neutrality by 2050. This funding will enable Trawa to continue its work towards this goal by providing customers with access to clean energy sources and enabling them to make informed decisions about their energy consumption.
The funding from the EIB and other investors is a major milestone for Trawa and a testament to the company’s commitment to advancing the transition to a sustainable energy future. With this funding, Trawa is well-positioned to continue its mission of providing customers with access to clean energy sources and enabling them to make informed decisions about their energy consumption.
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