Sympower’s CEO Simon and his colleague Georg come up with the idea to start their own business during the Sustainable Energy Futures Master’s Program at Imperial College London.
An entrepreneurship module inspired many (unrealistic) business ideas. The start of the company got postponed, yet not called off
Simon and Georg decided to move to Estonia
Sympower is born!
Sympower was always destined to become international: the founding duo collectively either lived in or came from Estonia, the UK, Belgium, the Netherlands, Germany, and France
Sympower is chosen to attend the ClimateLaunchpad Bootcamp in Estonia. Sympower wins the ClimateLaunchpad competition in Estonia!
Sympower extends its activities across Europe. Finland becomes the next active country
Sympower moves its headquarters to Amsterdam after being selected to join the Rockstart Smart Energy Accelerator program
Sympower raises €1M from the investment firm Enfuro Ventures and Angel Investors. The raised capital further founds Sympower’s international expansion and scaling-up the business.
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WWF’s prestigious Climate Solver Award granted to Sympower.
Sympower raises €3 million in a Series A funding round from Dutch investment funds Social Impact Ventures, Participatiefonds Duurzame Economie Noord-Holland (PDENH), current investors and team participation.
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Many achievements this year. Sympower’s team grows from 16 to 31 employees. We achieve market leadership in Finland, collaborate with Vattenfall and expands our activities to Sweden
Sympower in the top ten scale-ups in the second edition of the CEE Scaleup Challenge by Vestbee – the biggest online competition for growing companies in Central & Eastern Europe
Sympower saves 72.350 tones of CO2 in 2020
Kees Koolen, a Dutch investor, former chair of booking.com and current CEO of Koolen Industries invests €5.2M into the development of Sympower.
“I’m convinced that Sympower’s outstanding software platform is the best on the demand-response market, and I’m amazed at the progress they have made to date.” – Kees Koolen
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Sympower goes live in Norway
Sympower renews the contract with the long-term partner Vattenfall
Sympower’s team is currently made of over 70 people from over 24 different countries
Sympower goes live in Israel
Sympower moves to a new office! You can now find us at Prins Hendrikkade 183, 1011TD Amsterdam
We want to foster all the creativity we have at Sympower, that’s why we hosted our annual Hackathon
We recentely raised €22 million in investment to finance our growth and further accelerate the energy transition.
Another exciting news! We secured a €2.3 million grant from the highly competitive European Innovation Council (EIC) Accelerator program to help fund the expansion of our proprietary flexibility platform across Europe
After raising a €22 million investment round in mid-July, we raised an additional €3 million from investors, as trust grows in its mission to bring low carbon grid-balancing services to Europe.