German decentralised storage developer, Scale Energy, has successfully closed an oversubscribed seed funding round to further enhance its operational capabilities and expand its network of industrial battery projects across Germany.
The funding round, led by European early-stage climate tech investor Climentum Capital, saw participation from Vireo Ventures, as well as existing investors Antler and P3A. With the new capital, Scale Energy plans to accelerate the deployment of its industrial battery systems and increase its presence across Germany.
The investment will also support the financing of battery projects through a Capital Expenditure (CapEx) facility provided by a DACH-based energy-focused infrastructure investor, with a commitment of 100MW in total capacity.
Scale Energy is focused on building Europe's largest decentralized energy storage network by utilizing existing, often underutilized, grid connections. Instead of building costly greenfield infrastructure, the company leverages these connections to store energy in batteries and help balance the power grid. This model enables industrial clients to shift electricity consumption from high- to low-price time periods, reduce grid fees, enhance energy security, and lower CO₂ emissions, while achieving sustainability goals.
The company's project pipeline has already surpassed 500MW at over 100 industrial sites, primarily in Germany and Austria. Scale Energy's customers include industries such as paper manufacturing, automotive supply, and aluminum production.
Elias Aruna, CEO of Scale Energy, commented: “At Scale Energy, our mission is to support industrials in redefining their energy use. We deliver solutions that reduce energy costs, stabilize the grid, and drive decarbonisation.”
Dörte Hirschberg, general partner at Climentum Capital, praised the company's approach, stating: “Scale Energy is not only unlocking an immense problem in the energy transition, but the team is also solving financial scaling challenges.”
With the new funding, Scale Energy is well-positioned to accelerate its growth and play a key role in Europe's transition to a more sustainable energy future.
