SpinLab energy startup Einklang raised 2.2€ mio. investment to cut SMEs electricity costs by 40%

Vireo Ventures led the funding round. Other investors include SI Ventures, Saxovent, Angel Invest, Heimatboost, and DnA Ventures. 

The startup from SpinLab class 19th helps mid-sized industrial businesses reduce soaring electricity costs by combining dynamic tariffs, on-site battery storage and smart energy controls into one integrated system. Its platform automatically shifts consumption to times when solar and wind power are abundant and prices are low, stores energy when it’s cheapest, and reduces costly peak loads. The result is up to 40% cost savings, greater price stability and more energy independence. With the fresh capital, Einklang plans to scale to 100 customer sites by 2026 and further expand its battery-optimised tariff mode. 

 “We are addressing a key challenge of the energy transition: While energy-intensive industrial companies benefit from special regulations, small and medium-sized businesses continue to pay high electricity prices,” explains Lucas Jonas, Co-Founder and CEO of Einklang. “The root causes do not lie in renewable energy itself, but in price volatility, high grid fees, peak loads, and a lack of flexibility in consumption. We aim to change that with our solution.” 

With its solution, Einklang has already secured several commercial and industrial clients. According to the company, new sites can in many cases be switched to battery-optimized electricity tariffs within three months.