London-based HIVED, an AI-powered parcel delivery startup reinventing logistics for the e-commerce era, has raised $42 million in a Series B round to accelerate hiring, fuel expansion into several new UK cities, and further develop its proprietary models.

The UK has the world’s third-largest ecommerce market, accounting for around 10% of its GDP, yet most logistics firms still depend on outdated systems that weren’t designed for it.

HIVED takes a different approach by building its parcel delivery network from the ground up, specifically for e-commerce. Its HIVEDmind platform leverages AI, real-time data, and modern architecture to seamlessly connect retailers, warehouses, drivers, and end customers through a single, fully integrated end-to-end system.

Retailers integrate directly with real-time warehouse sorting, while routing algorithms adapt to driver behaviour and real-world situations. The entire system runs on a 100 per cent electric fleet, making it the world's only end-to-end electric logistics network, and uses dynamic delivery clusters that are continuously redrawn based on live parcel volumes. A move that replaces traditional postcodes with flexible, data-driven boundaries.

All parcels are tracked live from depot to doorstep, and retailers get a holistic view of the entire journey via dashboards with geo-coded delivery photos, behavioural alerts, and fraud pattern detection, such as suspicious repeat orders to drive value and protect reputations.

Murvah Iqbal, Co-founder and CEO of HIVED, said:

Parcel delivery should feel seamless, not stressful, but most of the industry is still running on systems that were never designed for ecommerce.

At HIVED, we’ve taken a fresh approach – rethinking everything from first principles, putting technology and experience at the centre, and proving there’s a better way to do this at scale. This raise is a huge step forward in making great delivery the norm, not the exception.

Due to the accuracy, depth and dynamism of HIVED’s models, the platform can forecast highly accurate delivery volumes better for its customers. It knows how long deliveries take in certain neighbourhoods, where bottlenecks like courtyards or gated buildings can cause delays, and even where is best to park, all based on real-world behaviour, not theoretical assumptions. 

This level of nuance is extremely complex to model, but is key to fixing logistics, especially the last-metre challenge. It’s also what gives HIVED its sharp competitive edge, making it the UK’s highest-rated parcel delivery company on Trustpilot by far.

Shoppers love HIVED so much that having it as a delivery option is becoming a key factor in choosing between retailers, making it a competitive advantage for its partners, too.  

The round was led by NordicNinja, the leading investor known for backing logistics pioneers like Bolt and Einride. Wex Venture Capital, Marunouchi Innovation Partners, Elemental Impact, Yamato Holdings, Future Back Ventures by Bain and Co, Rocketship VC and existing investors, including Planet A, also participated.

Tomosaku Sohara, Managing Partner at NordicNinja, said:

HIVED is doing what no one else in logistics has managed to do – pair a truly outstanding consumer experience with deep operational control. They haven’t just improved delivery, they’ve reimagined it from the ground up, with technology as the foundation, not an afterthought. This means their technology isn’t just modern, it’s built to scale.

We believe HIVED has the platform, the team, the operational excellence and the momentum to reshape the future of parcel delivery, and we’re proud to back them as they expand across the UK.

Anna Lundstrom, CEO of Nespresso UK & Ireland, said:

Today’s customers want fast, convenient, personalised experiences, with sustainability at their core. For many, receiving a parcel from Nespresso is their very first physical interaction with the brand, and HIVED’s clear, dynamic live tracking and seamless delivery build a sense of trust and reliability.

It’s not innovation for innovation’s sake – HIVED really listens to customers and focuses on doing things in the best, most efficient way.

The funding will accelerate HIVED’s UK rollout, grow its engineering and data team, and scale development of its proprietary logistics intelligence platform, HIVEDmind.

Lead image: HIVED team | Photo: Uncredited

Germany-based Peec AI, a startup building a leading AI search platform for marketing teams, has raised a €5.2 million seed round, just weeks after closing a €1.8 million pre-seed round in April.

The total €7 million raise comes only five months after the company was founded, driven by a surge in revenue growth.

Peec AI is building an analytics platform that enables marketing teams to analyse and improve their brand visibility in AI search.

AI search platforms like ChatGPT and Perplexity are changing how people find information, with 27 per cent of consumers now using them for at least half of their searches. As a result, AI search is quickly becoming a critical channel for marketing teams to reach and engage their audiences.

Peec AI helps marketing teams tap into this shift by showing how their brand performs in AI search, benchmarking against competitors, tracking mentions, and identifying the sources driving the most impact. With these insights, teams can develop smarter strategies to boost traffic and conversions from AI search platforms.

Marius Meiners, co-founder of Peec AI, comments:

Companies have to adjust to a world where people are asking ChatGPT and Perplexity which TV to buy or where to go for vacation, while searches on Google are going down. We want to give marketers the tools to win on these new platforms and drive growth for their companies.

The seed round was led by early-stage venture firm 20VC, with participation from Antler, as well as Foreword VC, Identity.VC, Combination VC, and S20.

Kieran Hill, Partner at 20VC, said:

Peec’s growth is obviously phenomenal, but early-stage venture ultimately comes down to two key elements - is this a world-class team, and are they directionally right? In the case of Peec, this team is the most cracked I have met in 2025. A+ product taste, insane work ethic and talent that runs deep throughout the company. Writing this check was a no-brainer for 20VC.

Christoph Klink, Partner at Antler, thinks that brands can’t afford to ignore AI search, adding:

With Google alone reporting 1.5 billion monthly users of AI search in 100 countries, this is a new digital media that will be critical to the visibility and reputation of companies around the world. Peec AI gives marketing teams the tools they need to succeed in the AI search era.

The founding team has a hunger and grit that only comes from being serial entrepreneurs. They have the technical expertise and vision to make Peec AI a category-leading AI search business. I am delighted to have supported Peec AI from day zero and the speed with which they have raised this funding is testament to their long-term growth potential.

Lead image: Peec AI team | Photo: Uncredited

Vok Bikes, an Estonian company behind a new generation of four-wheeled electric cargo bikes, has raised €5 million to further expand across Europe and accelerate the shift away from vans in city centres.

The Series A funding round is led by SQM Lithium Ventures, the corporate venture capital team affiliated with SQM International Lithium (SQMi). The round was joined by existing investors Metaplanet, Specialist VC, Sunly, and SmartCap – Estonia’s state-backed VC fund, whose Green Fund investment is supported by the EU’s NextGenerationEU recovery plan.

“Vans are a blunt tool for a precision job,” says Indrek Petjärv, CEO and Co-founder of Vok Bikes. “Cities have changed, and Vok is designed for how they move today.”​

Founded in 2019, Vok Bikes designs and manufactures automotive-grade, four-wheeled electric cargo bikes built specifically for commercial use in dense urban environments.

Since launching in 2020, the company has emphasised in-house engineering, resulting in innovations like its proprietary 4Drive drivetrain, which reportedly delivers superior ride quality and durability compared to conventional cargo bikes.

Vok serves a wide range of clients from national postal services to food delivery platforms and micro-service providers in 14 countries across Europe, serving clients from a mobile car wash in the Netherlands to bakeries in London.

Early adopter Wolt has scaled its fleet in seven countries, and IKEA stores in Utrecht and Stockholm now offer Vok bikes for customer rentals.

In total, Vok Bikes has raised over €10 million in venture capital.

“We are thrilled to support a brand that is redefining electromobility,” said Mark Fones, CEO of SQM International Lithium. “Vok’s in-house 4Drive system and top-tier engineering approach have raised the bar by delivering reliability and ride quality on par with automotive standards.”

As cities tighten emissions regulations and deal with worsening congestion, Vok presents an alternative that is both environmentally friendly and commercially viable.

In a test by e-bike rental company Zoomo, a Vok XL beat a van by 20 minutes on a delivery route through London – a 44% faster delivery time with zero emissions and no parking delays.

According to figures provided by Vok, cost comparisons show that Vok is up to 64% more efficient than small city vans over five years, due to lower fuel, maintenance, tax, and parking expenses. In cities like London, 66% of vans operate with less than half of their cargo space used. Vok is right-sized for city deliveries, with no “wasted weight, energy, or space“.

“Each Vok e-bike produces up to 95% less CO₂ than a petrol car, carries up to 100 deliveries, and glides through city traffic,” said Mark Bushby of Modern Milkman, a UK-based delivery company. “We’re already seeing the business and environmental benefits.”

With new funding, strong client traction, and a product engineered for modern logistics, Vok Bikes is aiming to become a key player in the shift toward sustainable urban mobility.​

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Roamingo, a rising leader in travel data services for brands like Visa, Bank of Georgia, TBC Bank, Qatar Airways, Pegasus Airlines, and multiple insurance providers, has agreed to a new strategic partnership with digital connectivity pioneer eSIM Go. The alliance deepens eSIM Go’s growing network of high-performing partners and accelerates the companies’ shared mission to make world-class mobile connectivity easy for global travellers and the businesses that serve them.

“From the beginning of our collaboration a year ago, we knew we spoke the same language—sharing a vision of delivering affordable and dependable connectivity to customers worldwide,” said Levan Kiladze, Co-founder & CEO of Roamingo. “Elevating this partnership to a strategic level highlights what we’ve already achieved and unlocks even more possibilities for our users and business partners. With Roamingo’s back-end intelligence and user-first tools combined with global reach and network strength, we’re creating a new standard for travel connectivity.”

Roamingo has rapidly built a reputation for delivering top-tier connectivity experiences, integrating eSIM data plans directly into user journeys via its 5-star-rated mobile app and its B2B headless eSIM platform. At the heart of Roamingo’s platform is its proprietary Connectivity Quality Management system, a smart engine that proactively identifies and resolves potential connection issues in the background before the user even notices. This intelligent switching and diagnostics layer guarantees seamless, uninterrupted data access, no matter where the customer is travelling.

Roamingo’s value proposition spans both consumer and enterprise use cases:

• A powerful travel companion app that allows users to discover, activate, and manage eSIM data globally

• A full-featured, white-label eSIM portal for businesses to offer branded travel data products

• A robust API toolkit that enables partners to embed eSIM functionality directly into their own apps, wallets, or customer portals

• Integrated support tools and localisation, including multilingual customer service for global travellers

“Roamingo is a highly ambitious, innovative and capable partner, and we’re delighted to extend our very successful partnership to the next level,” said Mitch Fordham, CCO at eSIM Go. “Their ability to merge cutting-edge technology with consumer and enterprise needs is very impressive and sets them apart in their market. Our plans are closely aligned, and we’re excited to embrace many future opportunities together.”

The strategic alignment equips Roamingo with continued access to tier-1 carrier networks, preferred pricing, and deeper infrastructure support for its expansion into new geographies. It also allows eSIM Go to penetrate further growth markets and demonstrate its value in a wide range of demanding enterprise use cases.

Beyond the Partnership: How Roamingo Is Reimagining Travel Connectivity

Roamingo’s bold vision doesn’t end with global coverage; it extends to how connectivity is embedded into the modern digital lifestyle. Leading fintech apps, travel platforms, insurers, and airline portals now integrate Roamingo’s eSIMs directly into their own products using the company’s white-label and API solutions. This embedded model gives businesses the ability to offer seamless, co-branded mobile data experiences to their customers without building infrastructure from scratch.

What sets Roamingo apart is not just its back-end power but the relentless focus on user-centric innovation. One of the most popular features introduced recently is the ability for users to transfer leftover gigabytes to friends or family, a feature that quickly became a favourite among Roamingo’s growing user base. It reflects the company’s mission to give travellers more control, more flexibility, and more value than ever before.

That commitment to customer experience is reflected in Roamingo’s app store performance: the platform maintains a consistent 5-star rating across both iOS and Android app stores, with thousands of glowing reviews. From backpackers to business travellers, users consistently praise the app’s reliability, global coverage, and responsive support.

As Roamingo scales across the Caucasus and beyond, the company continues to challenge the status quo of travel data. Its hybrid model of consumer innovation and infrastructure-grade technology positions it not just as a product but as the platform powering the future of global mobile connectivity.

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Masłomiąca-based Proteine Resources, a BioTech startup developing next-generation functional proteins from insects, has secured €9.5 million in blended financing from the European Innovation Council (EIC) Accelerator.

Selected from thousands of applicants, Proteine is one of two Polish startups in this cohort, and just the 9th ever from Poland to receive the grant. Proteine is supported by SMOK Ventures, Bitspiration Booster VC, and has participated in EIT Food Accelerator Network (EIT FAN), including the Circular Economy Hub in Helsinki and Labena Ventures Accelerator.

“The EIC Accelerator is where DeepTech gets its wings,” said Bartłomiej Roszkowski, Co-founder and Co-CEO of Proteine – and a YC alumnus. “We’re thrilled to be among the few selected. It’s a powerful validation of what we’ve built – and what’s coming next.”

Founded in 2017, Proteine’s mission is to create functional, high-performance proteins tailored to the needs of animals – with a focus on health, digestibility, and sustainability. Its proprietary insect bioconversion platform upcycles mushroom stems and mycelium, reportedly converting them into premium-grade protein rich in bioavailable taurine and L-arginine.

These are critical amino acids for cats and active pets, supporting:

• Immune balance
• Digestive health
• Allergy mitigation
• Visible coat and skin improvements.

“We’re not just producing protein – we’re delivering a performance ingredient,” said Konrad Wlodarczyk, Founder of Proteine Resources and technology developer. “It works because it’s built with biology in mind – from the input stream to the metabolic profile.”

According to the company, the product has also shown exceptional palatability, including for sensitive animals like cats, which are often challenging to serve with novel proteins.

The €9.5 million in funding will allow Proteine to build a 10x scaled pilot facility, launch the world’s first fully autonomous insect protein factory, deploy a modular, low-energy​ design adaptable to any location with sidestream feedstock and commercialise a 1:1 functional analogue of beef for the premium pet food segment.

By integrating AI-based controls and automation, Proteine aims to reduce operational costs and enable decentralised production — innovating how sustainable proteins can scale.

In many European countries, mushroom growers spend up to €80k per year disposing of residual stems and mycelium – a cost Proteine’s solution transforms into a revenue-generating input – as per comments by Proteine.

Their system allegedly:

• Eliminates waste management costs
• Reduces greenhouse gas emissions and leach risk
• Provides local farmers with a stake in circular food innovation.

“We help turn a problem into a profit center,” said Roszkowski. “And we do it in a way that’s scalable, measurable, and emissions-neutral.”

Its ingredients are bioactive, digestible, climate-positive and cost-effective.

“What Proteine has built isn’t just a product – it’s a platform,” said Borys Musielak, managing partner at SMOK Ventures. “They are transforming one of the biggest environmental challenges in agriculture into a scalable business with real BioTech credentials. That’s rare.”

“BioTech that’s both sustainable and commercially aggressive is hard to come by,” added Andrzej Targosz, partner at Bitspiration Booster VC. “Proteine’s model hits all the right notes – circular, autonomous, and globally relevant. We’re excited to be part of the journey.”

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Biotech startup Proteine Resources, developing next-generation functional proteins from insects, has secured €9.5 million in blended financing from the European Innovation Council (EIC) Accelerator.

Proteine aims to create functional, high-performance proteins tailored to the needs of animals, with a focus on health, digestibility, and sustainability. 

Its proprietary insect bioconversion platform upcycles mushroom stems and mycelium, converting them into premium-grade protein rich in bioavailable taurine and L-arginine. These are critical amino acids for cats and active pets, supporting:

• Immune balance
• Digestive health
• Allergy mitigation
• Visible coat and skin improvements.

“We’re not just producing protein — we’re delivering a performance ingredient,” said Konrad Wlodarczyk, founder of Proteine Resources and technology developer. 

“It works because it’s built with biology in mind — from the input stream to the metabolic profile.”

Crucially, the product has also demonstrated exceptional palatability, including for sensitive animals like cats, which can be challenging to serve with novel proteins.

Proteine also solves the problem of agricultural waste. In many European countries, mushroom growers spend up to €80,000 per year disposing of residual stems and mycelium — a cost Proteine’s solution transforms into a revenue-generating input. This system:

• Eliminates waste management costs
• Reduces greenhouse gas emissions and leach risk
• Provides local farmers with a stake in circular food innovation.

“We help turn a problem into a profit centre,” said Roszkowski.

“And we do it in a way that’s scalable, measurable, and emissions-neutral.”

Its ingredients are not just replacements — they’re bioactive, digestible. climate-positive and cost-effective upgrades. 

Selected from thousands of applicants, Proteine is the one of two Polish startups in the current EIC Accelerator cohort, and just the 9th ever from Poland. 

“The EIC Accelerator is where deeptech gets its wings,” said Bartłomiej Roszkowski, co-founder and co-CEO of Proteine — and a YC alumnus himself.

“We’re thrilled to be among the few selected. It’s a powerful validation of what we’ve built — and what’s coming next.”

The funding will allow Proteine to build a 10x scaled pilot facility, launch the world’s first fully autonomous insect protein factory, deploy a modular, low-energy design adaptable to any location with sidestream feedstock and commercialise a 1:1 functional analogue of beef for the premium pet food segment. 

By integrating AI-based controls and automation, Proteine reduces operational costs and enables decentralised production — redefining how sustainable proteins can scale.

Proteine is supported by SMOK Ventures, Bitspiration Booster VC, and has participated in EIT Food Accelerator Network (EIT FAN), including the Circular Economy Hub in Helsinki and Labena Ventures Accelerator, focused on scaling biotech and life science ventures in CEE.

“What Proteine has built isn’t just a product — it’s a platform,” said Borys Musielak, managing partner at SMOK Ventures.

“They are transforming one of the biggest environmental challenges in agriculture into a scalable business with real biotech credentials. That’s rare.”

“Biotech that’s both sustainable and commercially aggressive is hard to come by,” added Andrzej Targosz, partner at Bitspiration Booster VC. 

“Proteine’s model hits all the right notes — circular, autonomous, and globally relevant. We’re excited to be part of the journey.”

Lead image: Bartłomiej Roszkowski and Konrad Włodarczyk of Proteine. Photo: uncredited. 

End-to-end event budgeting platform Eventwise has raised  £525,000 led by Fuel Ventures.

Eventwise empowers teams to manage complex budgets via an all-in-one intuitive platform which reduces administrative overhead, improves forecasting accuracy, and gives businesses a clear view of spend from start to finish.

According to Chris Cater, founder and CEO of Eventwise, the company has “seen huge momentum over the past 12 months.

“This investment allows us to push even further, improving our tech, deepening customer relationships, and building the operational backbone to scale with confidence. We’re excited to have Fuel Ventures continuing with us on this path.”

Mark Pearson, Founder of Fuel Ventures, said:

“Eventwise is transforming a core part of the events industry - one that’s long been plagued by spreadsheets and inefficiencies. 

The platform Chris and his team have built offers a smarter, more scalable way to manage event spend. 

We’re thrilled to back them again as they double down on product and prepare for their next phase of growth.”

This latest funding will support Eventwise’s continued growth across three strategic areas: enhancing its platform through new tech development, strengthening customer success functions to support its growing user base, and expanding operational capabilities as the company accelerates into new markets.

British payment and identity services provider Yaspa, a hyper-growth FinTech startup, has received €10.1 million in a new funding round to fuel its expansion in the United States and disrupt the gambling payments ecosystem while adding native player protections.

The round was led by Discerning Capital, along with participation from Metavallon and TechStars Ventures.

CEO James Neville said: “This significant investment marks a major milestone for Yaspa. It enables us to take our proven technology into a new market at pace – hiring a local team, building strategic partnerships and adapting our platform to meet the specific needs of operators.

“We’re looking forward to supporting businesses that want to lead on compliance, player safety and user experience as the market matures.”

Founded in 2017 by former Worldpay CTO James Neville, Yaspa blends open banking and AI to provide Intelligent Payments: real-time bank payments (Pay by Bank) combined with verified customer insights, as well as a full suite of payment and account verification services.

Yaspa processes payments across a growing number of markets including Europe. It has also recently incorporated a US entity, based in Atlanta, Georgia.

David Williams, Partner at Discerning Capital, who will be joining the Yaspa board following the transaction said: “We are excited to be partnering with Yaspa to help them expand deeper into regulated gambling. The high-risk nature of gambling payments makes it an area in need of innovation and we believe Yaspa addresses two of the biggest issues: chargebacks and player protections. We believe that any operator who evaluates Yaspa’s A2A product versus their existing payments provider will end up adding Yaspa.”

While Yaspa is in hyper-growth mode in its existing markets, Discerning Capital believes that account-to-account (A2A) payments has global appeal for regulated gambling operators, given it is cheaper, reduces chargebacks and allows for seamless integration of player protections.

The United States’ open banking market is projected to witness a CAGR of 22.5% during the forecast period 2024-2031, growing from €6 billion in 2023 to €30.4 billion in 2031, according to a 2024 Markets and Data industry report.

Yaspa operates across the UK and Europe and is regulated by the UK’s Financial Conduct Authority.

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UK AI unicorn Synthesia today unveiled the site of its new global headquarters in London, as its CEO highlighted its growth by telling a packed audience that it had snagged $1.1m in revenues in a single day.

Synthesia’s new global HQ is in Regent’s Place campus in central London, a 13-acre site of offices, labs, retail and public spaces which is also home to the UKs life sciences community, including the Crick Institute and startups.

Synthesia, which makes AI-powered corporate videos for companies, said the move to the 20,000 sq ft workspace marked an “important milestone” for the eight-year-old firm.

The unveiling of the HQ was attended by the UK’s secretary of state for science, innovation, and technology, Peter Kyle, and the mayor of London Sadiq Khan.

Khan said Synthesia's new HQ “further cements Synthesia’s reputation as a global leader in AI and London’s reputation as a place for businesses to thrive”.

Kyle said the new HQ showed “evidence of the strength of Britain's tech sector and the environment we are building to support more and more home-grown companies to thrive in the digital age”.

Synthesia CEO Victor Riparbelli said: “In some ways, when you build in Europe, the odds are stacked a little bit more against you than they are when you build in Silicon Valley.”

Riparbelli said that Synthesia, which employs over 500 people, hitting the $100m ARR (annual recurring revenue) milestone earlier this year was the milestone he is “most proud of” but said an even “crazier milestone” was hitting $1.1m of ARR in a single day, on Monday this week.

ARR is a key metric for startups and measures recurring revenues over a year, including revenue from subscriptions, contracts and other regular income streams.

.In January this year, Synthesia doubled its valuation to $2.1bn, following a $180m funding round, when it pledged that the UK will remain its headquarters. It also has an office in New York.

Synthesia’s new office is four times the size of its old London HQ.

Photo credit: Synthesia

Amsterdam-based ClimateTech company Dexter Energy has raised €23 million in a Series C funding round to further scale its AI-powered forecasting and trade optimisation services for renewables and batteries.

The round was led by Alantra’s energy transition fund, Klima, joined by Mirova and with continued support from existing investors, ETF Partners, Newion, and PDENH.

“We’re excited to welcome Klima aboard,” said Luuk Veeken, CEO and Founder of Dexter Energy. “They share our belief that AI is now essential infrastructure for an electricity grid increasingly powered by renewables and storage. This investment enables us to grow our team, expand into new markets, and redefine short-term trading for wind, solar, and battery portfolios. In doing so, we can help more companies get the most out of their clean energy and support them in balancing the grid.”

Founded in 2017, Dexter Energy offers advanced machine learning and optimisation solutions for short-term power trading. By integrating forecasting, automation, and asset management, Dexter looks to help energy providers to maximise the value of their wind, solar, and battery portfolios.

Dexter’s mission is to accelerate the energy transition towards a fully carbon-free power system.

With a presence in nine European countries and a team of 90 professionals specialising in short-term power markets, machine learning, quant trading, data engineering, and energy meteorology, Dexter aims to drive innovation and efficiency across the clean energy sector.

Today, Dexter Energy works with over 80 energy companies, including Centrica Energy, Pure Energie, and Luminus.

With the investment, Dexter will expand its solutions for battery trading, boost its optimisation tools for wind and solar energy, and grow into new European markets.

“Dexter Energy exemplifies the kind of cutting-edge energy tech we seek to invest in at Klima: solutions that combine advanced AI with deep energy market expertise to drive real impact. Their ability to optimise renewable and battery trading in and across multiple complex markets will be critical as Europe scales its clean energy infrastructure“, said Iñigo Echaniz, Partner at Alantra’s Energy Transition fund, Klima.

As renewables rapidly scale across Europe – from around 34% of electricity generation in 2019 to 47% in 2024, and an expected 70% by 2030 (as per Dexter) – clean energy producers are facing growing challenges.

They must compete in a fast-changing market where prices are volatile, weather drives constant fluctuations, and traditional subsidies are no longer the main source of income.

In the Netherlands, for example, renewable producers have seen their revenues drop by more than 30% since 2019, due to price declines caused by cannibalisation and rising balancing costs resulting from forecasting inaccuracies – according to data provided by Dexter.

Dexter’s technology reportedly optimises production across the day-ahead, intraday, and imbalance markets. By leveraging physical flexibility, such as temporarily curtailing production or controlling storage, Dexter’s software delivers automated trading strategies.

“We are excited to partner with Dexter and join the journey with Klima and historic investors. We have been impressed by Dexter’s product and the team’s ability to scale in Europe. This strategic investment reinforces our commitment to advancing technology and energy solutions, while creating valuable synergies with our existing infrastructure portfolio,” added Anne Boulet, Investment Director at Mirova.

With this new investment, Dexter will accelerate the development and rollout of its asset-backed trade optimisation solutions for wind and solar across Europe. Dexter will also use the funding to fast-track the development and deployment of its solutions for battery trade optimisation, initially in the Netherlands and then across key European markets.

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