Valencia-based Linkener raises €7.5M for business energy management platform

Beyond the software, Linkener runs an engineering team that converts identified savings into projects. It has completed more than 400 solar photovoltaic and battery storage installations across Spain. The company says it serves over 2,000 customers, from self-employed professionals to large firms, and manages 10,000 energy supply points covering 1.7 TWh of annual consumption.

Tech.eu reported that Linkener sees particular potential in the services sector, where monitoring and controlling consumption can yield savings of 20 per cent, with rising and volatile energy prices and increasingly complex contracts and regulations driving demand.

José Ignacio Ruiz, chief executive of Linkener, said the round would allow the company to accelerate the transformation of a fragmented sector in which energy management remains rooted in practices from 40 years ago, and that it wants businesses to have reliable data and technology to understand their energy spending, anticipate costs and make better decisions, according to EU-Startups.

More than 65 deals worth over €1.8 billion were tracked across Europe this week, led by ID Finance's €545M raise, as campaigners warn the EU Inc framework is being weakened.