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SnerpaPower

Reykjavik, Iceland

seed$3.7M raisedFreshly fundedClimate TechEnterprise Softwareenergy management

Total Raised

$3.7M

Stage

seed

Location

Reykjavik, Iceland

Founded

2022

Team size

1-10

Links

About SnerpaPower

AI-powered industrial energy management and grid-orchestration platform that enables heavy manufacturing and data infrastructure to optimize power consumption and trade energy flexibility.

What sets it apart

An independent AI-driven platform that combines real-time grid, market, and consumption data to automate industrial energy decisions and flexibility-market participation.

Sectors

Climate TechEnterprise Softwareenergy managementindustrial software

Business

ModelSaaS

CustomerPower-intensive industrial operators such as data centers, aluminum smelters, green hydrogen producers, and other heavy electricity users

Notable

  • Founded in 2022 in Reykjavik, Iceland
  • Raised a €2.2 million pre-seed round in 2023
  • Raised a €3.4 million seed round in 2026

Funding rounds

seed$3.7M

25 Aug 2026

Led by Encevo

With Crowberry Capital, BackingMinds

Source ↗

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FAQ

What does SnerpaPower do?

AI-powered industrial energy management and grid-orchestration platform that enables heavy manufacturing and data infrastructure to optimize power consumption and trade energy flexibility.

Where is SnerpaPower based?

SnerpaPower is based in Reykjavik, Iceland, founded in 2022.

How much has SnerpaPower raised?

SnerpaPower has raised $3.7M in tracked funding and is currently at the seed stage.

Who has invested in SnerpaPower?

Investors in SnerpaPower include Encevo, Crowberry Capital, BackingMinds and Icelandic Technology Development Fund.