Berlin-based renewable energy supplier trawa has secured a €10 million seed round, bringing its total funding to over €12 million.
SMEs often struggle with modern energy procurement and infrastructure, typically purchasing electricity at a fixed rate, which is about 20% more expensive than structured procurement. The recent energy crisis, exacerbated by the war in Ukraine, has heightened the need for cost-effective energy solutions.
Trawa provides SMEs with tools to structure their energy purchasing, utilizing AI to create an optimal mix of power sources tailored to each buyer’s consumption patterns. This approach allows trawa to procure electricity in instalments at staggered times, resulting in significant cost savings. Additionally, trawa’s management software helps companies optimize their energy consumption, offering real-time data on consumption, generation, and costs. This software can automatically shift energy use to times when electricity prices are lower, potentially saving companies up to 30% annually on energy costs.
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Trawa partners with major suppliers and smaller energy providers, such as farmers with solar and wind farms, ensuring all energy purchased is traceable for sustainability reporting. The recent funding round was led by Balderton Capital, with participation from AENU and previous investors Speedinvest, Magnetic, and TinyVC. Trawa’s innovative combination of AI-powered procurement and management software offers SMEs a powerful tool to navigate volatile energy markets and achieve substantial cost savings.
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