Hybrid Greentech, a Copenhagen-based energy technology company specializing in virtual power plants and renewable energy market integration, has raised more than €15 million from growth investor Nordic Alpha Partners.
The funding will be used to accelerate the company’s European expansion, including entry into new markets, increased customer acquisition, and deeper integration with regional energy exchanges. Following the transaction, Nordic Alpha Partners will hold a significant minority stake, supporting the company’s scaling strategy in the flexibility and storage segment.
What The Company Does
Founded in 2018, Hybrid Greentech develops cloud-based virtual power plant (VPP) platforms that connect distributed energy resources such as battery storage, renewable generation, and flexible assets into a single coordinated system. The company operates as both a balance responsible party (BRP) and an energy retailer, offering a vertically integrated model that combines trading, multi-market optimisation, asset interfacing, analytics, and settlement within one platform.
Its AI-driven VPP technology enables asset owners and utilities to manage standalone, co-located, and behind-the-meter battery systems through real-time data and algorithmic optimisation. By coordinating storage performance and market participation, the platform helps reduce unnecessary battery cycling, improve operational efficiency, and increase revenue generation from flexible energy assets.
The system is designed to aggregate distributed energy resources including EV batteries, residential storage units, and rooftop solar installations, enabling these assets to interact dynamically with electricity markets and grid demand signals.
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Market Context / Industry Background
Europe’s energy system is undergoing rapid transformation driven by electrification, renewable deployment, and aging grid infrastructure. With energy consumption projected to increase significantly by 2030 and a large share of grid infrastructure approaching end-of-life, the region is expected to require substantial investment in upgrades and flexibility solutions.
The growing share of intermittent renewable energy sources has increased the need for grid-balancing technologies, particularly storage and demand-side flexibility. Virtual power plants are emerging as a key infrastructure layer, enabling distributed assets to operate as coordinated, market-participating systems rather than isolated installations.
At the same time, integrating new storage capacity into electricity markets remains complex, involving regulatory approvals, grid connection processes, and certification requirements that can delay deployment timelines. Platforms that combine technical integration, market access, and regulatory coordination are therefore becoming increasingly relevant for asset owners seeking faster project commercialization.
Founder / Investor Commentary
CEO and founder Rasmus Rode Mosbæk emphasized the strategic role of storage and flexibility in supporting a renewables-dominated energy system, noting that coordinated asset optimisation is essential for both grid resilience and economic efficiency.
He stated that the investment from Nordic Alpha Partners will enable the company to expand into additional European markets while helping customers extract greater value from their energy assets through improved market participation and system optimisation.
The partnership also reflects investor confidence in vertically integrated VPP models that can address both operational and regulatory complexity within the evolving European energy landscape.
Growth Plans / Use Of Funds
The newly raised capital will primarily be directed toward scaling Hybrid Greentech’s presence across Europe, including onboarding new customers and integrating the platform with additional energy exchanges and market frameworks. The company plans to further enhance its algorithmic optimisation capabilities and expand its support for a broader range of distributed energy assets.
In addition, Hybrid Greentech aims to streamline the deployment process for battery and flexibility projects by simplifying regulatory coordination and shortening project-to-market timelines through its integrated service model. This includes supporting permitting, certification, grid connection, and market approval processes as part of its end-to-end platform offering.
Through these initiatives, the company seeks to strengthen grid stability, reduce peak demand pressures, and enable more efficient integration of renewable and storage assets across European electricity systems.
About Hybrid Greentech
Hybrid Greentech is a Copenhagen-based energy technology company focused on virtual power plants and flexible energy asset optimisation. Founded in 2018. The company provides a vertically integrated platform that supports battery storage systems and distributed energy resources across trading, optimisation, and market participation, with the goal of improving grid flexibility and accelerating renewable energy integration.
