The €2 million equity investment into the company is led by Climentum Capital with participation from Vireo Ventures and others. Scale Energy is quickly becoming the market leader in industrial battery storage development and has secured a battery project CapEx committment for 100 MW from an energy focused infrastructure investor.

Berlin, Germany: 20 February 2025 - Scale Energy, Germany’s leading developer of industrial battery storage systems, has successfully closed an oversubscribed Seed funding round.

The equity funding is led by Climentum Capital, a European early-stage climate tech investor, with participation from Vireo Ventures as well as existing shareholders Antler and P3A. The funding will further enable Scale Energy to increase its operational footprint across Germany and accelerate the deployment of industrial battery projects.

A number of high-profile angel investors with deep industry expertise also joined the financing round, including Dr. Christine Prauschke, former Chief Digital Officer at Enpal and CEO at leadity, Henning Gebhardt, former Global Head of Equities at DWS, and Thomas Rüschen, former Deutsche Bank senior executive. Further industrial expertise comes from Frankfurt based family office SKR Capital.

Battery projects will be financed through a CapEx facility provided by a DACH based energy-focused infrastructure investor with a commitment for 100 MW.

Scale Energy is building Europe’s largest decentralized network of energy storage. Instead of building expensive greenfield storage infrastructure, Scale Energy uses existing, often underutilized grid connections to store energy in batteries and balance the power grid. Additionally, by using the storage to shift electricity consumption from high- to low-price time windows and reduce their grid fees via peak shaving, industrials enhance their energy security, lower CO2 emissions, and meet their sustainability targets.

At a time when Europe is facing the twin challenges of rising energy costs and transitioning to renewable energy, this solution has never been more important. Energy prices in Europe are now between two to three times higher than in the US. Frontier Economics estimates that battery storage could save €12bn in electricity trading costs by 2050, while Scale Energy predicts that its solution could save German industry more than €9bn per year.

Scale Energy has already developed a project pipeline of more than half a gigawatt at more than 100 industrial sites, mainly in Germany and Austria. Existing customers of Scale Energy include paper producers, automotive suppliers and aluminum manufacturers. Any organization that has access to a grid connection of more than 1,000 Kilowatts can benefit from Scale Energy’s services.

The three founders Christoph Koessler, Nikolas Fendel and Elias Aruna combine expertise in energy operations, infrastructure financing, and engineering. Elias Aruna, CEO, comments: “At Scale Energy, our mission is to support industrials in redefining their energy use. We deliver solutions that reduce energy costs, stabilize the grid, and drive decarbonization.”

Dörte Hirschberg, General Partner at Climentum Capital, adds: “Scale Energy is not only unlocking an immense problem in the energy transition, but the team is also solving financial scaling challenges. Few companies manage early on to bundle venture and infrastructure CapEx financing into a convincing structure that enables attractive offerings for industrial customers.”

Media Contact‍

Elias Aruna  
CEO, Scale Energy 
+49 151 58335179 
elias.aruna@scale-energy.eco

About Scale Energy

Scale Energy is the market leader in the development of industrial battery storage solutions, dedicated to transforming Europe’s energy landscape. By leveraging underutilized industrial grid connections, Scale Energy creates scalable and sustainable storage systems that lower energy costs, stabilize electricity grids, and accelerate decarbonization.  

Headquartered in Berlin and founded by a team of experts in energy, operations, and infrastructure financing, Scale Energy has built a robust pipeline of projects and plans to deploy 10 Gigawatts of decentralized storage projects within the next decade.

About Climentum Capital ‍

Climentum Capital is a Venture Capital firm based in Copenhagen, Berlin, and Stockholm. Climentum invests in European startups that cut emissions at the core of industry. The fund targets late Seed and Series A investments in the five sectors that generate more than 90% of emissions in Europe: energy, industry, food & agriculture, buildings and transportation. The pioneering Article 9 fund has a dual incentives structure, with carry indexed on both CO2 emissions reductions and financial returns. Read more at: www.climentum.com.

About Vireo Ventures ‍

Vireo Ventures is a Berlin-based early-stage venture capital firm focused on investing in scalable startups that accelerate the energy and mobility transition through electrification and digital innovation. Led by a team of seasoned industry experts, Vireo Ventures partners closely with entrepreneurs to advance transformative solutions that are key to decarbonization and sustainable growth. With the launch of its first €50 million fund in 2023, Vireo Ventures  prioritizes investments in digital solutions that enhance energy efficiency, grid resilience, and  intelligent system management. Backed by prominent investors, including the European Investment Fund (EIF), Verbund X and EnBW New Ventures, Vireo Ventures is committed to leading the shift toward a greener and more resilient energy future. Read more at: www.vireo.vc.

About Antler‍

Antler is the world’s day zero investor that inspires, enables, and invests in visionary founders everywhere. Founded on the belief that talent is everywhere but opportunity is not, we remove the barriers to entrepreneurship so more people can launch sustainable businesses that solve  meaningful problems, drive innovation, and improve lives. We partner with the most early-stage entrepreneurs around the world through our residencies in 27 cities across six continents— Austin, Berlin, Bangalore, Jakarta, London, New York, Singapore, Stockholm, Sydney, and  beyond. As an extension of our founders’ team, our global community backs them from the  beginning and keeps backing them with team formation, deep business model validation, initial capital, global scaling, and follow-on funding, with a personal passion that goes beyond traditional investing. To date, we have brought more than 1,400 startups into existence that are  delivering paradigm-shifting solutions across all industries, with the goal of backing more than 6,000 by 2030. Read more at: www.antler.co.