Powernaut
Assembly Line
Powernaut raises €2.4 million to decentralise the energy sector
Belgian software startup Powernaut has raised €2.4 million from leading European investors to accelerate the energy transition away from fossil fuels by building the next generation of power plants. The funding round was led by Berlin-based Revent, joined by Seedcamp (London), Pitchdrive (Antwerp), and Syndicate One (Brussels). The fresh capital will support Powernaut on its mission to decentralise the energy sector and reduce the reliance on fossil fuels entirely, all while lowering costs for consumers.
Traditionally, large centralised power plants generated electricity for everyone, but now millions of decentralised devices—such as solar panels, batteries, electric vehicles, and heat pumps—are generating and consuming power locally. The European Commission predicts up to 10 million electric vehicle charging stations will be needed by 2030, along with more than doubling the current solar panel installations. This rapid growth in decentralised infrastructure presents significant challenges for energy suppliers and grid operators. While this shift is reducing our dependency on fossil fuels, our electricity grids weren’t designed for these new interconnections, and urgent changes are needed to support ongoing electrification and decarbonisation efforts.
Powernaut’s software helps energy suppliers manage this design shift by optimising millions of decentralised devices. Rather than just focusing on local energy generation, it ensures these devices are integrated effectively with the wider grid, balancing local production with grid demands. This coordination enables energy suppliers to offer new, cost-effective solutions to consumers while eliminating dependence on fossil fuels.