Startup profile · funding coverage
Octave.energy funding, valuation and investors
Battery energy storage plus proprietary EMS for commercial and industrial customers facing European grid congestion.
Keep track of Octave.energy
Save this profile to your VCT watchlist for a quick return.
Funding, valuation & investors
Answer-first snapshotLatest funding
Series A
€10M · September 2026
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
Not publicly disclosed
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series a · Mechelen, Belgium
Investors in latest funding
Lead: SPDG Growth
Other: imec.istart , BNP Paribas Fortis , KBC
Overview
Octave.energy is a Mechelen, Belgium cleantech company founded in 2020 that pairs first-life LFP battery energy storage systems with a proprietary energy management system for industrial clients, SMEs, and agricultural enterprises. In early September 2026 it closed a €10 million Series A combining equity and flexible debt, led by SPDG Growth with imec.istart, BNP Paribas Fortis, and KBC participating. The company reports more than 200 MWh deployed across 400+ businesses and €16 million revenue in 2025 with three consecutive profitable years (Made in, n24).
Why Octave.energy is interesting
September 2026 €10M Series A (equity + flexible debt) led by SPDG Growth after three profitable years and €16M 2025 revenue — expansion capital, not science-experiment climate tech.
Product & use cases
Integrated BESS + EMS for peak shaving, solar self-consumption, EV fleet charging, and flexibility-market participation under European grid constraints.
- Commercial/industrial battery storage behind the meter
- Grid-congestion mitigation for electrifying sites
- Flexibility monetization with customer-chosen optimizers
Key facts
- €10M Series A equity + flexible debt led by SPDG Growth (Sep 2026)
- €16M revenue in 2025; profitable three consecutive years (company)
- 200+ MWh deployed; 400+ businesses including Colruyt, McDonald’s, Eneco
Funding history (newest first)
Series A
2026-09 €10M- SPDG Growth (lead)
- imec.istart (participant)
- BNP Paribas Fortis (participant)
- KBC (participant)
Source: https://www.made-in.be/mechelen/octave-energy-haalt-10-miljoen-euro-op-voor-europese-expansie/
Industries
Related funding articles
Venture Capital Tracker pieces that cover Octave.energy's financing or category context.
Last updated:
Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.