CIOC Energy Has Raised €3 Million in New Funding
The startup secured capital from CleverNett to scale its energy management platform across Europe.
Updated on Sept. 23, 2026 in Startups
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CIOC Energy has raised €3 million from renewable energy developer CleverNett, which also acquired a minority stake in the startup. The funding will support the expansion of the company's energy trading capabilities and team.
Why it matters
The investment aims to address market fragmentation in battery control and energy trading, allowing CIOC Energy to scale its existing platform. The company will use the capital to establish direct market access across four European nations.
CIOC Energy currently manages 100 megawatt-hours of battery capacity and 200 megawatt-peak of solar panels across its portfolio. The startup operates software that directs solar power into batteries and trades that energy on the open market.
The players
CIOC Energy
An energy technology company that provides control modules for electrical cabinets to manage solar and battery assets.
CleverNett
A renewable energy developer that has invested in and acquired a minority stake in CIOC Energy.
The details
Founded in September 2023, the Belgium-based startup developed a proprietary control module for electricity cabinets. This technology integrates solar production with battery storage to optimize trading in the energy market.
Timeline
CIOC Energy was founded in September 2023.
The funding announcement occurred on September 23, 2026.
Market Landscape
The startup's expansion follows a clear trend of consolidation within the fragmented European energy storage market. By securing strategic backing from CleverNett, CIOC Energy positions itself to compete for market share against established grid service providers.
As CIOC Energy expands into Germany, the Netherlands, and Romania, consumers in those regions may eventually gain access to more efficient energy trading tools for their home battery systems. These platforms often enable households to lower their energy costs by automating the sale of stored power back to the grid.
The takeaway
Investment in automated battery control software is accelerating the integration of home energy storage into larger power grids. Homeowners with battery systems can expect to see more third-party services that simplify the process of trading excess solar energy for profit.
Further reading
For more on the latest funding rounds in the industry, visit the Startups section.
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