ProYarn

Deals · Climate / Energy

Green Voltis raises €13.5M Series A to operate battery storage and renewables as flexible grid assets across Europe

A Stockholm-based energy technology company providing AI-powered route-to-market optimisation for battery storage and renewable energy assets, combining an AI trading agent and energy management system to generate revenue across European power markets.

ProYarn Desk · Read this in French
in𝕏✆
“Every new gigawatt of renewables makes Europe's grid harder to balance, and flexibility now sets the pace of the energy transition. We built Aether and Chronos to turn storage and renewable plants into assets the grid can rely on and investors can bank on. The next wave of demand comes from AI. Data centres need power faster than grids can deliver it, and the intelligence that operates a battery can also manage a data centre's energy. Green Voltis will provide the AI energy infrastructure layer between the grid and compute. With Lochpine Capital as a long-term partner, we are ready to build it.”
Martin Kievit — CEO and co-founder, Green Voltis

Green Voltis (Stockholm) has raised €13.5 million in a Series A led solely by Lochpine Capital. Founded in 2024 by Martin Kievit, Ali Shi, and Gino Zhang, the company provides AI-powered route-to-market optimisation for battery storage and renewable energy assets — handling grid connection, energy management, and electricity trading for asset owners across European power markets. With more than 1.2 GWh of capacity under contract and in operation, the round will fund further R&D on its two core products, expand its presence in key European markets, and develop a Power-to-Compute business targeting AI data centre energy demand.

The complexity layer most asset owners can't build

Operating a battery storage asset in Europe is not a software problem alone. Getting a project connected to the grid, meeting ancillary service prequalification standards, and then optimising revenues across day-ahead, intraday, and balancing markets simultaneously — in up to ten jurisdictions, each with different market rules — is an engineering and operational challenge that most asset owners cannot build themselves.

Green Voltis's platform covers the full lifecycle. Its Chronos energy management system handles on-site operations, grid-code compliance, and grid-forming functionality. Its Aether AI trading agent uses time-series foundation models to forecast electricity prices and coordinate battery capacity across multiple markets rather than committing to a single one. The company also structures commercial arrangements — revenue sharing, tolling agreements, revenue floors — to give asset owners more predictable income.

The operating results are verifiable: the company says the battery assets it manages have consistently outperformed the Clean Horizon index, the independent benchmark for battery storage revenues. That is not a claim most route-to-market operators can substantiate at this stage.

Blake Niu, Partner and Head of Private Equity at Lochpine Capital, describes the investment rationale plainly: "As renewables take a larger share of the energy mix, grid connection and power trading are becoming key to the value of energy assets, and they are among the scarcest capabilities in Europe's energy transition. We followed this field for a long time before choosing Green Voltis. The team combines AI-native technology with a global industrial perspective, and its operating results, which have consistently beaten the industry benchmark, show what it can do."

The AI data centre bet

The Power-to-Compute business is the second front. Green Voltis argues that the same intelligence stack that operates a battery can also manage a data centre's energy — and that the two are increasingly related problems. Data centres in Europe face grid connection timelines of seven to ten years in some markets; regulators in Ireland and Finland are already requiring new data centres to provide grid flexibility. Green Voltis's model is to develop data centre sites as flexible energy assets from the start. The company has identified approximately 120 MW of powered land in the Nordic region for this pipeline.

This is early. The core battery business — 1.2 GWh across 10 markets, benchmark-beating returns — is the operational proof. The Power-to-Compute thesis is a bet that the same team and technology can capture the intersection of two of Europe's most constrained infrastructure challenges before anyone else does.

Sources

  1. 01Swedish startup draws €13.5 million investment to turn battery storage into flexible grid assets — ArcticStartup
  2. 02Stockholm's Green Voltis raises €13.5 million to operate and trade battery storage across European power markets using AI — EU-Startups

Threaded to this story

Every European round, in your inbox by 8am.

The day's seed and Series A rounds across France and Europe — threaded, sourced, and read in two minutes. Free.

Double opt-in. We'll send one confirmation email. Unsubscribe anytime.