Entrix, an energy trading and battery optimisation company, has raised €43 million in a funding round led by Junction Growth Investors and Korys, with participation from BNP Paribas Solar Impulse Venture Fund, Allianz, AENU, Enpal, Abacon, and Arvantis Group.
The company has also reached 3 GW / 8.5 GWh of contracted battery storage capacity, strengthening its position in Europe’s evolving flexible energy market.
What The Company Does
Founded in 2021, Entrix focuses on optimising large-scale battery storage systems through AI-driven trading and operational strategies. Its platform enables batteries to respond dynamically to electricity price signals, grid demand, and portfolio requirements, converting flexibility into economic value.
The company works with a range of battery assets, including standalone storage systems and projects co-located with renewable energy sources such as solar. By managing these assets in real time, Entrix supports both grid stability and revenue generation for infrastructure operators.
In addition to short-term trading, the company develops long-term revenue models by partnering with financial institutions and energy operators, helping to make battery storage projects more bankable and attractive for investment.
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Market Context / Industry Background
Europe’s energy system is undergoing a structural shift as renewable energy sources increase their share of electricity generation. This transition introduces variability in supply, creating a growing need for flexible systems that can balance the grid.
Battery storage is emerging as a key component of this flexibility, enabling energy to be stored and deployed when needed. At the same time, rising demand from sectors such as data centers is increasing the need for stable and reliable power.
Market volatility and regulatory changes are also driving demand for advanced optimisation tools that can manage energy assets efficiently while generating consistent returns. As a result, investment in battery storage and energy optimisation platforms is accelerating across Europe.
Founder / Investor Commentary
Steffen Schülzchen, founder and CEO of Entrix, described the company’s growth as part of a broader shift in the energy system, where flexibility is becoming a critical form of infrastructure. He noted that Entrix’s role is to translate the technical capabilities of battery systems into stable, risk-adjusted revenue streams for investors.
Schülzchen emphasized that the scale of assets under management reflects increasing confidence from partners and highlights the importance of operational expertise in managing complex energy systems.
Growth Plans / Use Of Funds
The newly raised funding will support Entrix’s continued expansion across Europe, including the scaling of its platform and the onboarding of additional battery assets. The company currently manages around 70 storage systems and expects approximately 2 GW of its contracted capacity to become operational by 2026.
Entrix plans to further develop its AI-driven optimisation capabilities and strengthen partnerships with infrastructure operators, utilities, and financial institutions to support large-scale energy transition projects.
About Entrix
Entrix is an energy trading and optimisation company focused on battery storage systems. Founded in 2021 and headquartered in Munich, the company develops AI-driven solutions that enable real-time management of energy assets. Its mission is to support the transition to renewable energy by providing flexible, scalable infrastructure that enhances grid stability and creates sustainable revenue models.
