Dexter Energy Secures €23 Million in Series C

Dexter Energy, an Amsterdam, Netherlands-based climate tech company, has secured €23 million in Series C funding.

The round was led by Alantra’s Klima Energy Transition Fund, with participation from Mirova, ETF Partners, Newion, and PDENH.

The Klima Energy Transition Fund is a €210 million impact investment fund launched by Alantra and Enagás. It focuses on accelerating the decarbonization of the global economy by investing in growth-stage climate tech companies across Europe and North America.

The company will use the funds to expand its AI-powered battery trading solutions, enhance optimization tools for solar and wind, and scale operations into new European markets.

Founded in 2017 by Luuk Veeken, Hubert Penn, and Fons de Leeuw, Dexter Energy offers advanced machine learning and optimization solutions for short-term power trading. By integrating forecasting, automation, and asset management, Dexter helps energy providers maximize the value of their wind, solar, and battery portfolios. The company works with over 80 energy companies, including Centrica Energy, Pure Energie, and Luminus. Dexter’s mission is to accelerate the energy transition toward a carbon-free power system.

Funding Details

Company: Dexter Energy

Raised: €23.0M

Round: Series C

Funding Date: July 2025

Lead Investor: Alantra’s Klima Energy Transition Fund

Additional Investors: Mirova, ETF Partners, Newion, PDENH

Company Website: https://www.dexter.energy/

Software Category: Energy / AI / Climate Tech