FLEXECHARGE secures over €5 million investment to lead the flexibility revolution in EV charging
With backing from Eneco Ventures and EnBW New Ventures, FLEXECHARGE is ready to scale its HARMON-E Platform, enabling CPOs to thrive in the energy transition.
COPENHAGEN, DENMARK — June 12th 2025 – Danish energy tech company FLEXECHARGE has successfully closed a funding round for €5 million. The round includes new financial backing from Eneco Ventures and EnBW New Ventures – the venture arms of two leading European utilities – and will allow FLEXECHARGE to accelerate growth. The Danish company enables Charge Point Operators (CPOs) to optimise operations and transform their charging infrastructure into integrated and revenue-generating assets. Existing investors Greencode Ventures and Vireo Ventures also increased their commitments, reaffirming their confidence in FLEXECHARGE.
We want to become the leading provider of load, energy, and grid management — empowering commercial charging operators to reduce costs, and build resilient, future-ready charging networks.
Efficient and reliable solution
FLEXECHARGE’s solutions address the operational and energy market needs of CPOs, especially in two critical segments: high-power charging hubs, which face high peak load and grid tariff risks, and depot charging, where energy efficiency and smart scheduling are essential for commercial fleet operations.
At the heart of its offering is HARMON-E, a vendor-independent load and energy management platform. When combined with FLEXECHARGE’s on-site controller GATEWAY, the system delivers unmatched reliability through local load management, even in sites with limited or unstable connectivity. This architecture is what distinguishes FLEXECHARGE from cloud-only CPMS providers and lays the groundwork for more advanced energy & grid services.
This combination also forms the foundation for Aggregate, FLEXECHARGE’s virtual power plant solution which allows CPOs to consolidate their charging infrastructure and participate in energy markets as dispatchable, flexible assets. With the global virtual power plant market projected to grow to $6.2 billion by 2032, FLEXECHARGE’s tools help CPOs evolve from passive infrastructure operators to active players in the energy transition.
FLEXECHARGE is already the energy management partner of choice for major European CPOs including Electra, Bump and Q8 Benelux. In 2024 alone, its HARMON-E platform connected 97 MW of EV charging capacity across the continent.
Our investment in FLEXECHARGE represents a significant step towards the digital enhancement of energy and charging infrastructure.
Ashley Klapwijk, Investment Manager at Eneco Ventures adds: “We are excited to back FLEXECHARGE together with EnBW New Ventures. FLEXECHARGE has built a unique load and energy management platform that unlocks flexibility. Smart solutions specifically designed for the EV sector are urgently needed, especially in the Netherlands where the grid is highly congested. We look forward to supporting the company and accelerating their journey to become the European leader.”
“We back the most transformational European startups at the intersection of green transition and digital solutions. FLEXECHARGE fundamentally changes the way the charging networks are optimised and demand-response is enabled in highly distributed energy systems”, says Terhi Vapola, Founder & Managing Partner at Greencode Ventures.
"As an early-stage supporter, we are excited about the capital round and firmly believe that this syndicate is the perfect combination of venture capital, scaling power, industry expertise and financial strength. This will enable FLEXECHARGE to continue to grow as an independent, market-leading platform for load and grid management within charging infrastructure.", Thomas Labryga, Vireo Ventures