Suena Energy, an innovative platform specializing in algorithmic optimization and AI-driven trading for energy storage and renewables, has secured €8 million in Series A funding to expand its energy trading platform and develop co-located storage solutions across Europe.

Supported by strategic investors like Eneco Ventures, 4impact Capital, InnoEnergy, J.O.S.S., Santander, and Energie 360°, Suena aims to accelerate its growth, refine its AI technology, and become a market leader in intelligent flexibility trading.

The company’s proprietary Energy Trading Autopilot platform utilizes real-time data and algorithms to automate trading, optimize dispatch, maximize revenues, and reduce risks and battery degradation for energy storage and renewable projects.

Funding will be used to strengthen Suena’s market position, support international expansion, and enhance the co-location of storage with renewable energy sources like solar and wind, addressing operational, regulatory, and economic challenges.

This expansion aims to develop profitable, resilient, and decentralized power systems by leveraging co-located storage solutions that pair renewables with storage for operational efficiency and new revenue streams.

Suena differentiates itself through extensive market coverage and a modular software platform that adapts to various regulations and project conditions, focusing on the rapidly growing segment of co-located storage.

The company's growth strategy emphasizes addressing complexities in the energy transition by providing flexible software solutions that facilitate the development of decentralized, profitable energy systems.

Suena’s platform supports diverse applications, including standalone storage, solar-plus-storage, wind-plus-storage projects, and portfolio optimization, targeting utilities, developers, and traders.

CEO Lennard Wilkening highlighted that the funding is strategically vital for advancing Suena’s vision of leading in energy flexibility markets and expanding its innovative platform.

The company’s platform, Energy Trading Autopilot, enables fully automated, AI-driven trading across power and ancillary markets, utilizing real-time data to optimize dispatch and revenue while minimizing risks and battery wear.

Eneco Ventures will provide operational expertise and networks to help Suena build decentralized energy solutions and expand its presence across Europe.

The funding round was led by Eneco Ventures, with participation from 4impact Capital, InnoEnergy, J.O.S.S., Santander, and Energie 360°, reflecting strong investor confidence in Suena’s potential.