Cleantech startup Trawa has secured €2.4 million to fuel its vision of making sustainable energy procurement accessible to companies of all sizes. The Berlin-based startup now plans to scale.
The demand for renewable electricity is growing at a lightning pace. It’s a reflection of fresh commitments to cutting carbon emissions and also a need for businesses to cut costs. Whilst most companies want to access renewable energy, the reality is that for smaller companies it’s not so simple. As it stands, only larger companies with the financial means can access sustainable energy at scale.
Berlin-based Trawa aims to change this, by building a digital, data-driven energy provider with access to structured portfolio procurement. The ambition is to particularly support SMEs in the manufacturing and processing sectors who currently lack a procurement solution. The startup has just secured fresh investment to develop the software.
- €2.4 million raised in a pre-seed round
- Lead investors include Speedinvest and Magnetic
- TinyVC and The Delta also participated, as well as several business angels, including Anna Alex, co-founder of Planetly and Outfittery, Julian Teicke, co-founder and CEO of wefox, Tobias Schütt, founder and former CEO of DZ4 and Alexandre Berriche, founder and CEO of Fleet.
Founded in 2022 by David Budde, Max Lüddemann and Robert Quick, Trawa’s goal is to build a completely digital and data-driven energy provider for business. The team want to simplify energy procurement for companies of all sizes by creating a one-stop-shop solution.
David Budde, Co founder and CEO of trawa: “We will offer energy transition from a single source, making trawa a one-stop-shop for businesses. Offering simple but professional customized electricity products, including power purchase agreements that actually match our customers’ needs, is our mission. We will now continue to build our product in order to achieve our goal of becoming the digital and data-driven energy provider.”
The platform gives access to customized energy procurement that combines all available products, including power purchase agreements with solar and wind farms. This creates a long-term, scalable energy service and promotes the expansion of renewable energy usage, without a reliance on government subsidies. The platform leverages AI to identify the optimal energy purchase and initial savings potential. This is in addition to direct power purchase agreements with solar and wind farms, the reduction of costs and reduced dependence on individual suppliers.
It gives customers lower prices, longer price stability, security of supply and maximum transparency and sustainability in energy purchasing.
Leonard Schmid, Senior Associate of Speedinvest: “Discounting current geo-political unrest, industrial energy supply in the future will not only become increasingly expensive but also highly volatile in price, making it ever more complex for countless SMEs to navigate this market. We believe a new set of players will revolutionize the multi-billion Euro energy sector, which is why trawa’s founding team and their vision instantly resonated with us. We believe the company has all the ingredients to establish itself as a true disrupting force, supporting a stable energy cost base across various sectors of the economy. It is fantastic to be joining forces and to support the next phase of the business.”
Now, with this new investment, the startup plans to further develop its solution as well as apply for a license as an energy provider in order to be able to service customers end-to-end.
Mario Lebherz and David Rosskamp, Partners at Magnetic: “A software-driven, easy and measurable access to energy is the fundament of a modern, resilient economy. That is even more important when thinking of a broad integration of renewable energy sources that are without alternatives. trawa’s mission is exactly that: to create a software-driven new gen energy supplier. We are more than excited to be supporting this mission from day one – there simply is no bigger one to be imagined in trawa’s market.”