The Swedish vitality tech agency has secured an additional €20 million in Collection A funding, totaling €45 million as it pursues a mission to revolutionize the post-transitional energy landscape. The startup was backed by Northzone, with additional funding from Big Ventures, 82An Make Investments, the Sony Innovation Fund, and angel investors Thomas von Koch and Sebastian Knutsson, co-founder of King, a renowned game developer.
By harnessing the power of flexible, stable, and predictable global vitality grids, Flower empowers a clearer path to tomorrow’s energy systems while generating lucrative revenue streams for renewable energy asset holders. Flower’s innovative AI-powered platform and robust hardware infrastructure seamlessly facilitate this outcome.
The corporation will utilise this funding to drive its ambitious pan-European expansion and continue developing its innovative Battery Power Storage solutions. As a pioneer in the field of Sweden and Denmark, Flower is poised to expand its operations significantly across the DACH region, France, the Netherlands, and Belgium by 2025 and 2026, with a strong focus on energetic growth in these key markets?
As John Diklev, founder and CEO of Flower, observed:
Pär-Jörgen Pärson, a common accomplice at Northzone and newly appointed member of Flower’s board, has been added.
Co-Founder and Managing Partner at Big Ventures, Cameron McLain, noted that
