Encosa founders Sascha Koberstaedt (left) and Sebastian Becker (right)
Photo: Encosa

Encosa receives 25 million euros for battery storage model

Munich-based startup Encosa has secured €25 million in funding to expand its offering of commercial and industrial battery storage solutions. The funding round was led by Realyze Ventures, and the company also secured scalable debt financing to develop further storage projects.

For many companies, battery storage has long been economically viable, yet numerous projects remain unrealized. The main reasons: high investment costs, complex planning, and additional operating expenses. This is precisely where Encosa comes in. The Munich-based startup offers battery storage as a complete solution, handling planning, financing, installation, and operation of the systems. Customers can use the systems without having to make significant initial investments themselves.

Usage instead of ownership: This is how Encosa's model works

Rising electricity prices, higher grid fees, and stricter CO₂ regulations are increasing the pressure on companies to make their energy consumption more efficient. Battery storage is considered a key technology for reducing peak loads, lowering electricity costs, and generating additional revenue on the energy market.

In practice, however, such projects often fail due to investment costs. Battery storage systems require not only high initial expenditures but also technical expertise in planning, operation, and marketing.

Encosa therefore pursues a different approach: The company provides battery storage as a service to its customers. Depending on their needs, companies can choose between purchase, rental, or lease models. If desired, Encosa can provide the necessary capital and finance the systems. This is intended to give access to battery storage to companies that have previously shied away from such investments.

Encosa is building its own battery storage portfolio

Unlike traditional energy service providers, Encosa doesn't just support individual projects. The startup is actively building its own portfolio of battery storage systems and participates in the revenues generated by the installations.

The revenue is generated from two sources: Firstly, customers benefit from optimized energy consumption and lower energy costs. Secondly, unused storage capacity can be marketed on the electricity market. This model opens up additional revenue potential for both operators and customers.

Proprietary software is intended to increase the cost-effectiveness of storage.

A key component of the business model is the technology platform developed by Encosa. It combines the optimization of on-site energy consumption ("Behind the Meter") with the marketing of surplus storage capacities on the electricity market ("Front of the Meter").

This is intended to ensure that each installed system is used as efficiently as possible. According to the company, battery storage systems typically pay for themselves within 18 months to five years, depending on consumption profile and market conditions. Their existing customers include companies in the logistics, industrial, and real estate sectors.

Realyze Ventures leads the funding round

The equity financing is led by Realyze Ventures. Verve Ventures, Bayern Kapital, Blum Ventures, and Kopa Ventures, as well as existing investors and several business angels, are also participating. In parallel, Encosa has secured an additional debt facility with a debt provider.

For Realyze Ventures, the investment fits into the portfolio particularly due to the increasing importance of battery storage for real estate and energy projects.

Kai Panitzki, General Partner at Realyze Ventures, says:

"For modern real estate, battery storage is a crucial lever for achieving sustainability goals and maximizing profitability through diversified returns."

Capital is being invested in team building and further storage projects.

The newly raised equity capital will primarily be invested in expanding the team, further developing the technology platform, and accelerating the implementation of new projects. The additional debt financing is earmarked for building further battery storage facilities.

The company was founded in June 2024 by Sascha Koberstaedt and Sebastian Becker. According to its own statements, Encosa commissioned its first plants, secured numerous projects contractually, and raised a total of 25 million euros in capital within less than two years.

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