Bohr Energie, a Toulouse-based scale-up specialised in the aggregation, optimisation and management of distributed renewable and flexible assets, including batteries and hybrid systems, has secured €10 million in a Series A round. The round was led by Suma Capital through SC Net Zero Ventures, its fund specialising in European scale-ups
Rahul Raj
Bohr Energie, a Toulouse-based scale-up specialised in the aggregation, optimisation and management of distributed renewable and flexible assets, including batteries and hybrid systems, has secured €10 million in a Series A round.
The round was led by Suma Capital through SC Net Zero Ventures, its fund specialising in European scale-ups developing technologies to accelerate the energy transition and decarbonisation. The round also included participation from Irdi Capital Investissement, GSO Capital and Crédit Agricole, as well as renewed support from existing shareholders Varsity, Founders Future and AFI Ventures.
Julien Haure, CEO and co-founder of Bohr Energie, stated, “The volatility of energy prices, the evolution of the regulatory framework and the growing complexity of electricity markets make the coordination and optimisation of distributed renewable and flexible assets increasingly necessary to improve the efficiency, stability and competitiveness of the electricity system. Thanks to this investment round, we will be able to consolidate our value proposition and support more renewable producers in our new stage of growth.”
Founded in 2020 by Haure, Luis Urday, Julien Chollet, and Jean-Pierre Mader, Bohr Energie helps renewable energy producers optimise the management and commercialisation of their energy through a proprietary platform.
As an independent aggregator, the company states that it enables more efficient management of solar, wind and hydro assets, as well as batteries and hybrid systems, allowing customers to participate in increasingly complex electricity markets while maximising the value of their assets.
The company claims that its value proposition rests on a proprietary platform combining software, AI, algorithms, production forecasting, market analysis, and regulatory expertise. Through predictive models and real-time operating capabilities, it enables clients to monitor, operate, and optimise asset performance, easing access to increasingly complex electricity markets.
Natalia Ruiz, Partner at Suma Capital, stated, “Bohr Energie addresses one of the structural challenges of the energy transition: efficiently integrating an increasingly distributed renewable generation that is exposed to market signals. The company has developed a differentiated technology platform, with a scalable model and a team with deep knowledge of electricity markets. At Suma Capital, we want to support Bohr in its international growth and help strengthen its role as an enabler of flexibility, digitalisation and renewable integration in Europe.”
The company plans to use this fresh capital to consolidate its position in France, accelerate the development of its technology platform, launch new services and prepare its international expansion, with Spain and Italy among its priority markets.
The company currently has more than 170 renewable and flexible assets in its portfolio and expects to reach close to 1 GW under management by the end of the year.
