Big news from the exnaton team: we’ve successfully closed our Series A funding round to accelerate the digital transformation of Europe’s energy sector.
The round was co-led by 4impact capital and Elevator Ventures, with continued support from our existing investors True Ventures and Übermorgen Ventures.
This milestone marks a major step forward in our mission to empower utilities and energy providers to launch the next generation of smart, data-driven products — helping accelerate the transition to a cleaner, more flexible energy system.
exnaton offers an AI-driven intelligence platform for utilities and energy providers to rapidly design, test, and scale innovative offerings — from energy sharing and dynamic tariffs to smart EV charging and other flexible energy products.
The modular, white-label SaaS platform integrates seamlessly into existing ERP systems, helping utilities reduce IT complexity, operational costs, and time-to-market — all while unlocking new value for their customers.
Today, more than 50 utilities across five countries rely on exnaton’s technology to bring flexibility, transparency, and innovation to their energy ecosystems. Our clients include TotalEnergies (Belgium), Volkswagen Elli, eprimo, and Bayernwerk (E.ON Group) in Germany, as well as regional innovators like Burgenland Energie and KELAG in Austria.
These partnerships highlight exnaton’s strong foothold in Europe’s energy market — and demonstrate how our platform scales across diverse business models and regulatory environments.
With the new funding, exnaton will further strengthen customer operations, and make our software even more intelligent — from personalized billing and predictive analytics to the intelligent management of private flexibilities like EVs, batteries, and solar systems.
“Our goal is to build user-friendly products that make investing in renewables so compelling that everyone participates and helps drive the transformation our society urgently needs.” says Anselma Wörner, Co-founder and COO of exnaton.
4impact capital focuses on investing in European digital tech ventures that make a positive impact on people and the planet, while achieving strong financial returns. Elevator Ventures believes in the power of technology to transform industries and drive customer value, backing outstanding companies in Fintech & Beyond Banking with ambitions across the DACH and CEE regions and beyond.
Both partners bring deep expertise in scaling European technology ventures that combine impact and growth — supporting exnaton as we enter our next phase of expansion.
“exnaton’s platform is a key enabler of the digital energy transition. By combining deep research expertise with strong execution, the team has built technology that empowers utilities to innovate faster, operate more efficiently, and accelerate decarbonization. We are proud to support Liliane, Arne, and Anselma as they scale their impact across Europe.” says Yasmin Venema, Principal at 4impact capital.
“At Elevator Ventures, we recognize the role of energy communities and prosumers as a key trend shaping the future of the energy sector. We are glad to back a talented team through our investment in exnaton, that will drive innovation in flexible billing solutions for decentralized energy ecosystems. We are sure that their expertise will be essential in supporting the next generation of real-time energy management,” states Magdalena Chalas, Investment Manager at Elevator Ventures.
Existing investors True Ventures and Übermorgen Ventures reaffirm their commitment to exnaton’s mission, reinforcing our momentum and international reach.
