Last Updated: 2 July 2025
Amsterdam-based Dexter Energy has raised €23 million in Series C funding to expand its AI-driven forecasting and trade optimization services across Europe. The round was led by Klima, Alantra’s energy transition fund, with participation from Mirova and continued backing from ETF Partners, Newion, and PDENH.
The fresh funding will help Dexter grow its intelligent software solutions that support renewable producers and battery operators in volatile electricity markets. The company is also ramping up its expansion across new European markets, with an initial focus on scaling battery optimization capabilities.
Europe’s energy landscape is rapidly evolving, with renewables now accounting for 47% of electricity generation—up from 34% in 2019. This number is projected to hit 70% by 2030. As the market matures, traditional subsidies are disappearing, leaving energy producers increasingly reliant on efficient market participation.
In the Netherlands, solar and wind producers have seen revenues drop by over 30% since 2019, largely due to price drops and rising balancing costs. Dexter’s platform aims to close this gap by enabling smarter, real-time trading and asset management strategies.
Dexter plans to use the new capital to expand its battery trading capabilities, beginning in the Netherlands before rolling out across key European markets. It will also continue to build on its wind and solar optimization solutions.
The company’s AI-powered software integrates forecasting, automation, and real-time controls. This enables energy producers to make better decisions in day-ahead, intraday, and imbalance markets—maximizing asset value and stabilizing grid performance.
Founded in 2017, Dexter Energy is based in Amsterdam and now operates in nine European countries. The company employs 90 professionals with expertise in power markets, data engineering, AI, and energy meteorology. Today, it supports more than 80 energy companies, including Centrica Energy, Pure Energie, and Luminus.
Dexter’s strength lies in its ability to coordinate renewable generation with storage in real-time. Its platform delivers automated strategies that help companies adapt to shifting energy prices and reduce operational costs.
The Series C round marks the first participation from Mirova, a Paris-based sustainable asset manager, and Klima, which is backed by the European Investment Fund, Enagas, and CPPI.
“Dexter Energy exemplifies the kind of advanced energy tech we seek to invest in at Klima,” said Iñigo Echaniz, Partner at Alantra’s Klima fund.
“We are excited to partner with Dexter,” added Anne Boulet, Investment Director at Mirova. “This strategic investment reinforces our commitment to advancing technology and energy solutions.”
Dexter’s earlier funding rounds included support from ETF Partners, Newion, and PDENH—all of whom reinvested in this latest round.
