Voltfang, a European battery storage provider for industrial, commercial and grid-scale applications, has closed its Series B financing round, raising €15 million.
With this funding, Voltfang plans to scale production and deploy an additional 250MWh of sustainable battery storage across Europe by the end of 2026. The company will also enhance its AI-powered energy management system, Venma, to help businesses optimise self-consumption, reduce electricity costs, and engage in energy markets.
Voltfang’s systems utilise high-performance, requalified battery modules from the European automotive industry, strengthening energy security and grid resilience. The company’s oversubscribed Series A round in 2024 highlighted strong investor confidence in its mission to support Europe’s energy transition.
David Oudsandji, CEO and co-founder of Voltfang, stated, “This financing round directly responds to the enormous surge in orders we experienced in Q1. Expanding the energy infrastructure is urgently needed across Germany and Europe, especially as we work to build resilience against external energy dependencies. We must act now to create more grid flexibility using large-scale battery storage. Doubling our company valuation in just six months is a strong signal of the market’s confidence in Voltfang’s technological relevance and growth potential.”
