Valencia-based Linkener raises €7.5 million to digitise and optimise energy management for businesses

Valencia-based EnergyTech startup Linkener has secured €7.5 million in funding to digitise and optimise energy management for businesses. The round was led by Klima Energy Transition Fund and Alantra’s energy transition fund, with GoHub Ventures remaining as a shareholder. CEO José Ignacio Ruiz stated that the funding will help the company accelerate the transformation of the highly fragmented energy management sector, where practices date back 40 years.

Linkener's Intelligent Energy Management System (SIGE) utilizes remote metering technology to enable businesses to measure consumption, digitise bills, analyse energy supply arrangements, and receive alerts, recommendations, and savings proposals to reduce and control costs. The company reports managing 10,000 energy supply points and 1.7 TWh annually for over 2,000 customers, ranging from self-employed professionals to large corporations.

Klima Partner Iñigo Echaniz highlighted that energy management remains a highly fragmented market with significant potential for digitisation, praising Linkener's combination of proprietary technology, independent energy data, and direct relationships with thousands of customers. Through this investment, Linkener aims to grow organically and through acquisitions, leveraging AI and advanced data analytics to automate processing of energy information, detect anomalies, and identify opportunities for optimisation and savings for its customers.