For many companies, battery storage is already economically attractive, yet numerous projects are not implemented. The main reason: high investment costs, complex planning, and additional operating expenses. This is exactly where Encosa comes in. The Munich startup offers battery storage as a complete solution and handles planning, financing, installation, and operation of the systems. Customers can use the systems without having to make large upfront investments themselves.
Usage instead of ownership: how Encosa’s model works
Rising electricity prices, higher grid fees, and stricter CO₂ requirements are increasing 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 in the energy market.
In practice, however, such projects often fail due to investment costs. Battery storage requires not only high initial expenses but also technical expertise in planning, operation, and marketing.
Encosa therefore takes a different approach: The company provides battery storage to its customers as a service. Depending on their needs, companies can choose between purchase, rental, or lease models. If desired, Encosa brings the necessary capital and handles the financing of the systems. This is intended to give companies access to battery storage that previously avoided such investments.
Encosa builds its own battery storage portfolio
Unlike traditional energy service providers, Encosa does not just accompany individual projects. The startup actively builds its own portfolio of battery storage systems and participates in the revenue generated by the systems.
Revenue comes from two sources: First, customers benefit from optimized energy consumption and lower energy costs. Second, spare storage capacity can be marketed on the electricity market. This model creates additional revenue potential for operators and customers.
Proprietary software to increase storage profitability
A key part 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 excess storage capacity 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 the consumption profile and market conditions. Existing customers include companies from the logistics, industrial, and real estate sectors.
Realyze Ventures leads the financing round
The equity financing is led by Realyze Ventures. In addition, Verve Ventures, Bayern Kapital, Blum Ventures, Kopa Ventures, as well as existing investors and several business angels are participating. In parallel, Encosa was able to arrange an additional debt facility with a lender.
For Realyze Ventures, the investment fits well into its portfolio, particularly given the increasing importance of battery storage for real estate and energy projects.
Kai Panitzki, general partner at Realyze Ventures, says:
“In modern real estate, battery storage is a decisive lever for achieving sustainability goals and maximizing profitability through diversified revenue streams.”
Capital flows into team expansion and additional storage projects
The newly raised equity capital is primarily intended to be invested in team expansion, further development of the technology platform, and faster implementation of new projects. The additional debt financing is earmarked for building additional battery storage systems.
The company was founded in June 2024 by Sascha Koberstaedt and Sebastian Becker. According to the company’s own statements, Encosa has commissioned its first systems in less than two years, secured numerous projects contractually, and raised a total of €25 million in capital.
