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CIOC Energy Raises 3 Million Euros To Take Solar And Battery Trading In House

Editorial Team

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CIOC Energy's CEO Alexander De Bièvre and team

CIOC Energy's CEO Alexander De Bièvre and team

Image credit: CIOC Energy

CIOC Energy, a Belgian company that helps businesses monitor, control and trade energy generated from solar panels and stored in batteries, has secured 3 million euros in funding to expand its team and build direct access to European energy markets.

The round was led entirely by CleverNett, which takes a minority stake in CIOC Energy as part of the deal. The two companies already work closely together, with CleverNett providing CIOC Energy access to roughly 2,000 home batteries owned by private households, alongside the more than 100 business sites CIOC Energy manages directly for commercial and industrial clients.

Founded in September 2023, CIOC Energy was built to address a coordination problem that chief executive Alexander De Bièvre says the founding team encountered firsthand while selling batteries commercially for years before starting the company. According to De Bièvre, without constant monitoring, faults in a solar and battery system simply go unnoticed, and when something eventually breaks down, responsibility becomes difficult to pin down because the installer typically does not know the software, while the control system only carries out whatever instructions the energy trader has set, leaving no single party accountable for the full picture.

CIOC Energy's answer is to bring solar installation, battery management, and energy trading together under one platform and one point of contact, rather than leaving businesses to coordinate separately with an installer, a software provider, and a trading desk. The platform continuously monitors system performance, automatically adjusts how batteries charge and discharge to capture the most value from shifting electricity prices, and handles the trading side of that optimisation directly, an approach the company calls energy management combined with virtual power plant style market participation.

The company's commercial model is built around aligned incentives rather than flat subscription fees. CIOC Energy compares the returns a client's solar and battery assets generate without optimisation against the returns achieved through its platform, and charges an agreed share of that difference after distribution and supply costs are accounted for. If the platform's optimisation fails to generate additional returns beyond what the asset would have earned on its own, CIOC Energy does not charge a fee at all, a structure designed to signal confidence in the platform's performance while lowering the barrier for commercial and industrial clients to try it.

At its current scale, CIOC Energy manages more than 100 megawatt hours of battery capacity and roughly 200 megawatt peak of solar generation capacity across its combined business and household portfolios. That places the company among a growing group of European energy technology startups managing meaningful installed capacity rather than operating purely as software vendors layered on top of assets owned and controlled by someone else.

With the new funding, CIOC Energy plans to expand both its commercial and technical teams, growing the sales capacity needed to bring on new business clients alongside the engineering resources required to support a larger and more complex asset base. The more structurally significant use of the capital, however, is establishing the company's own direct market access, which will let CIOC Energy trade energy directly on wholesale markets in Belgium, the Netherlands, Germany, and Romania rather than routing trades through a third party intermediary. Direct market access typically allows an energy optimisation company to react faster to price signals and capture a larger share of the value its optimisation creates, since it removes a layer of fees and latency that comes with relying on an external trading partner.

The raise reflects continued investor interest in the operational layer of Europe's energy transition, a segment sitting between raw asset ownership and the software tools used to manage it. As solar and battery installations continue to scale across the continent, and as more households and businesses stack batteries alongside existing solar capacity, the ability to actively manage and trade that flexibility, rather than simply installing it and hoping it performs, is increasingly treated by investors as its own distinct and defensible business rather than a feature bundled into equipment sales.

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