Rabot Energy raises $50M to turn homes into a virtual power plant
Germany's Rabot Energy has raised $50 million in a Series B round led by Endeit and DeepTech & Climate Fonds, with HV Capital, HTGF, Bosch Ventures and others participating. The dynamic-tariff provider is building a virtual power plant from home batteries and aims to grow from 200,000 to 1 million customers.
- $50M Series B led by Endeit and DeepTech & Climate Fonds
- Rabot Energy has over 200,000 customers and €200M in revenue
- Its Rabot Flow service cuts household energy costs by 15%
- Target: 1 million customers plus home batteries, EV chargers and heat pumps
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