Berlin Cleantech trawa Raises €24M Series A to Scale AI-Powered Energy Solutions

trawa, a Berlin, Germany-based electricity provider and AI-powered software company, raised €24M in Series A funding.

The round was led by Headline, with participation from Norrsken VC and existing investors Balderton Capital, Speedinvest, AENU, VC Magnetic and Tiny VC.

Founded in 2022 by David Budde, Max Lüddemann, and Robert Quick, trawa is a data-driven electricity provider optimizing energy procurement and management for mid-sized industrial and commercial businesses. The company offers an access to electricity by combining all available market products, including direct power purchase agreements (PPAs) with solar and wind farms. Its AI-powered software enables companies to analyze consumption profiles, identify savings potential, and create optimized energy portfolios.

trawa specifically targets decision-makers at businesses with annual electricity costs of at least €100,000 who need a solution to efficiently monitor consumption and manage costs. In Germany, the company already supplies more than 100 commercial customers across over 3,000 locations – including the Martim hotel chain, rail operator Flixtrain, textile manufacturer SETEX, electronics retailer Conrad, and numerous other hidden champions from various industries.

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