Just three months after the first closing of its financing round, lead investor Alantra, Bayern Kapital, and existing investors such as 10x Group are now injecting fresh capital into Enmacc. Already at the first closing, the company secured a double-digit million amount. According to its own statements, the Munich-based company operates Europe’s largest digital OTC (over-the-counter) energy trading platform for gas and electricity. Jens Hartmann, CEO of Enmacc, says:
“We are very pleased about the confidence and support from Bayern Kapital as a long-term partner. This financing will enable us to expand our reach and improve our platform so that we are even better equipped for the rapidly evolving energy market and the need for decarbonization.”
“We see Enmacc as an important player in the future shaping of the industry”
Enmacc was founded in Munich in 2016. The digital OTC energy trading platform aims to offer an alternative to traditional brokers and exchanges for European energy wholesale trading. The company specializes in over-the-counter derivatives trading of gas, electricity, and green electricity certificates.
“Enmacc has established itself as one of the leading companies in the energy industry in just a few years through its innovative approach to digitizing the energy market”,
says Monika Steger, managing director of Bayern Kapital.
“We see Enmacc as an important player in the future shaping of the industry and are proud to support the company on its further journey.”
