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Better Energy - About the company

Better Energy is a series D company based in Frederiksberg (Denmark), founded in 2012 by Rasmus Kjaer and Mark Odum. It operates as a Power producer and project developer in the solar energy sector. Better Energy has raised $33.4M in funding from Omnes Capital and ATP, with a current valuation of $*****. The company has 7 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like Acciona Energy, TerraForm Power and Nordic Solar Energy.

Company Details

Better Energy develops, owns, builds, finances and operates large-scale solar power plants. Services include power purchase agreements, engineering, procurement, construction, asset management, maintenance and others. Claims to have developed over 164MW of solar projects. Also involved in community solar projects.
Social
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Email ID
*****@betterenergy.dk
Phone Number
+49 **********
Part Of
Key Metrics
Founded Year
2012
Location
Frederiksberg, Denmark
Stage
Series D
Total Funding
$33.4M in 5 rounds
Post Money Valuation
$***** as on Dec 18, 2019
Ranked
Employee Count
111 as on Jun 30, 2026
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Better Energy's funding and investors

Better Energy has raised a total funding of $33.4M over 5 rounds. Its first funding round was on Mar 2019. Its latest funding round was a Conventional Debt round on Dec 27, 2023 for $*****. 2 investors participated in its latest round. Better Energy has 5 institutional investors.

Here is the list of recent funding rounds of Better Energy:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 27, 2023
8204211
Conventional Debt
1330731
4885212
8589209
1634735
Dec 14, 2022
2692755
Series D
4589172
8778631
6883847
8591975
Dec 18, 2019
2542457
Series C
1551057
9186658
1174196
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Better Energy's founders and board of directors

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The founders of Better Energy are Rasmus Kjaer and Mark Odum.
Here are the details of Better Energy's key team members:

Better Energy's employee count trend

Better Energy has 111 employees as of Jun 26. Here is Better Energy's employee count trend over the years:
Employee count trend for Better Energy
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Better Energy's Competitors and alternates

Top competitors of Better Energy include Acciona Energy, TerraForm Power and Nordic Solar Energy. Here is the list of Top 10 competitors of Better Energy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Acciona Energy
Acciona Energy
1997, Madrid (Spain), Public
Provider of renewable energy solutions
$567M
73/100
2nd
Logo for Better Energy
Better Energy
2012, Frederiksberg (Denmark), Series D
Power producer and project developer in the solar energy sector
$33.4M
66/100
3rd
Logo for TerraForm Power
TerraForm Power
2014, New York City (United States), Acquired
Leading renewable energy provider with wind, solar, and storage assets
$335M
52/100
4th
Logo for Nordic Solar Energy
Nordic Solar Energy
2010, Hellerup (Denmark), Series A
Provider of energy services with an electric and natural gas distribution
$36.5M
50/100
5th
Logo for GreenGo Energy
GreenGo Energy
2009, Copenhagen (Denmark), Seed
Renewable energy company
$2.16M
45/100
6th
Logo for Inbicon
Inbicon
2003, Fredericia (Denmark), Unfunded
Second generation bio ethanol technology developer and licensor
-
-
23/100
7th
Logo for Copenhagen Green Energy
Copenhagen Green Energy
Frederikssund (Denmark), Unfunded
Developer of utility-scale solar and onshore wind energy projects
-
-
18/100
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Better Energy's Investments and acquisitions

Better Energy has made no investments or acquisitions yet.

News related to Better Energy

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Media has covered Better Energy for 1 event in last 1 year.
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