Companion.energy has closed a €7.8M seed round led by Realyze Ventures and Pi Labs to scale its real-time energy optimisation platform for large industrial and commercial enterprises.
Founded in 2022, the company grew its customer base and revenue tenfold in the past year, surpassing €1M in annual recurring revenue, with clients including TotalEnergies, KPN, and the Port of Antwerp-Bruges.
The round brings total funding to around €10M and funds expansion into Germany and Spain.
A 19-person Belgian startup now manages over 2 TWh of annual energy use, worth around €500M in combined energy spending and revenue, for clients including TotalEnergies, KPN, the Port of Antwerp-Bruges, Interparking, and Proximus Group. That scale, for a company less than three years old, is the reason investors are paying attention.
Companion.energy, founded in 2022 by Thomas Vyncke and Jonas Verstraeten, has closed a €7.8M seed round led by Realyze Ventures and Pi Labs, with participation from Asterion Ventures and existing investors.
