Stockholm-based Green Voltis, an AI-powered route-to-market (RTM) optimiser operating and trading battery storage across European power markets, has raised €13.5 million in a Series A funding round led by Lochpine Capital, which is the sole investor, as Vestbee was informed.
- Green Voltis provides end-to-end services for standalone battery storage and co-located renewable energy projects, covering grid connection, commissioning, energy management and power trading.
- Its technology includes Chronos, an energy management system that controls battery sites, and Aether AI, a trading agent that forecasts electricity prices and optimises revenues across multiple power markets.
- The company has more than 1.2 GWh of battery storage capacity under contract and in operation, with market access in place or underway in 10 European countries. Its managed assets have consistently outperformed the Clean Horizon index, an independent benchmark for battery storage revenues.
- Green Voltis is also developing its Power-to-Compute business, which aims to connect electricity grid capacity with AI infrastructure by developing grid-friendly data centre sites. The company has a pipeline of around 120 MW of powered land in the Nordics and plans to develop it in partnership with compute operators.
Details of the deal
- With the fresh capital, Green Voltis plans to expand R&D for its Aether AI trading agent and Chronos energy management system, grow its presence in key European markets, and develop its Power-to-Compute business.
- Through its Power-to-Compute initiative, the company also aims to address grid connection delays faced by data centres by developing sites that can provide flexible energy capacity while enabling compute operators to access power sooner.
