Graduate Ventures and Volve Capital Invest €7.5M in Eddy Grid at a Valuation of €124 Million

Eddy Grid, the Utrecht-based energy technology startup specializing in renewable energy optimization, has completed a €7.5 million financing round led by Graduate Ventures with participation from Volve Capital at a valuation of €124 million. Announced on May 28, 2026, this funding round values the company at more than 20 times its worth two years ago, reflecting its rapid growth and market traction.

Founded in 2023, Eddy Grid develops advanced algorithms that maximize the output of renewable energy assets such as solar panels, wind turbines, and battery systems through real-time market optimization. The company currently manages over 500 MW of capacity, making it the largest independent energy optimiser in the Netherlands. Eddy Grid serves clients in the Netherlands and Belgium and is preparing to enter the German market.

The €7.5 million round was predominantly subscribed by existing investors, signaling strong confidence in Eddy Grid’s business model and growth prospects. Secondary transactions worth nearly €1 million were also executed, providing liquidity to current shareholders. Graduate Ventures leads the round, with Volve Capital as a co-investor.

In 2025, Eddy Grid achieved an explosive revenue growth of nearly 900% and became cashflow-positive, a notable milestone for a startup at this stage. The company’s workforce expanded from 16 to 60 employees since January 2025 to support its scaling operations. CEO and founder Sam Rohn highlighted the increasing complexity of optimizing combined solar, wind, and battery assets, emphasizing Eddy Grid’s technological edge in navigating this challenge.

Graduate Ventures’ Managing Partner Auke van den Hout praised the company’s rapid development and strong culture, calling it essential for becoming a global player. Volve Capital’s General Partner Maurits Hovius noted that Eddy Grid’s growth and technology position it as a key solution amid rising energy uncertainties.

The strategic rationale behind the investment includes strengthening Eddy Grid’s balance sheet to support further expansion, particularly into Germany, and accelerating its role as a market leader in Europe’s energy optimization sector. The deal is expected to generate synergies through shared R&D, operational efficiencies, and expanded customer reach across multiple countries.

Industry trends show increasing demand for smart, independent energy infrastructure as renewable assets become more integrated and complex. Eddy Grid’s scalable software platform and data analytics capabilities position it well to capitalize on these developments and challenge traditional energy providers.

Looking ahead, Eddy Grid plans to continue scaling its technology and operations while navigating regulatory requirements in new markets. The company aims to maintain its rapid growth trajectory and enhance its product offerings to meet evolving energy security and efficiency needs.

This funding round marks a significant milestone in Eddy Grid’s journey from a startup to a leading European energy technology firm, supported by experienced investors committed to its long-term success.