Fever Energy

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Fever Raises €10m from General Catalyst to Expand Its Platform for Virtual Power Plants

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Fever Energy, General Catalyst

Fever, the Swedish powertech company building an API-centric platform for virtual power plants, raised €10m in a seed funding round led by General Catalyst, with participation from previous investors, including La Famiglia and Norrsken VC. The funding will accelerate Fever’s expansion plans, deepen product development, and expand collaborations across Europe.

Fever’s innovative API-centric platform further empowers energy asset installers and operators, including leading utility companies, EV fleets, and Battery Energy Storage Operators, to run and monetize their own virtual power plants by unlocking the full potential of market participation, capacity modelling, orchestration, reporting and settlements.

Read more at Fever Energy Blog