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Reykjavík, Iceland

SnerpaPower

€3.4M Seed

Summary

SnerpaPower secured €3.4 million to accelerate its European expansion. The financing includes a €3 million Seed investment led by Encevo, with continued participation from Crowberry Capital and BackingMinds, plus a €0.4 million grant from the Icelandic Technology Development Fund. SnerpaPower is a deeptech company developing energy management software for power-intensive industries.

Investors

Encevo, Crowberry Capital, BackingMinds, Icelandic Technology Development Fund