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Entrix - About the company

Entrix is a series A company based in Munich (Germany), founded in 2021 by Steffen Schulzchen. It operates as an Optimization and trading platform for energy storage. Entrix has raised $49.8M in funding from investors like Korys, Enpal and Pelion Green Future. The company has 155 active competitors, including 31 funded and 11 that have exited. Its top competitors include companies like tem, Enmacc and Power Ledger.

Company Details

Optimization and trading platform for energy storage. It focuses on maximizing the value of energy assets by marketing their capacity across various revenue streams, including frequency response and wholesale markets. The company emphasizes a balanced approach that considers both financial returns and the wear and degradation of the asset, ensuring optimal returns throughout its operational lifetime.
Key Metrics
Founded Year
2021
Location
Munich, Germany
Stage
Series A
Total Funding
$49.8M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
161 as on Sep 30, 2026
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Entrix's funding and investors

Entrix has raised a total funding of $49.8M over 2 rounds. Its first funding round was on Sep 06, 2023. Its latest funding round was a Series A round on Mar 25, 2026 for $*****. 7 investors participated in its latest round. Entrix has 17 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Entrix:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 25, 2026
9195346
Series A
2116383
9682512
5743660
4469972
Sep 06, 2023
7279882
Seed
1115141
1947853
9198140
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Entrix's founders and board of directors

Founder? Claim Profile
The founders of Entrix is Steffen Schulzchen. Steffen Schulzchen is the CEO of Entrix.
Here are the details of Entrix's key team members:

Entrix's employee count trend

Entrix has 161 employees as of Sep 26. Here is Entrix's employee count trend over the years:
Employee count trend for Entrix
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Entrix's Competitors and alternates

Top competitors of Entrix include tem, Enmacc and Power Ledger. Here is the list of Top 10 competitors of Entrix, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Entrix
Entrix
2021, Munich (Germany), Series A
Optimization and trading platform for energy storage
$49.8M
59/100
2nd
Logo for tem
tem
2021, London (United Kingdom), Series B
Provider of renewable electricity semiconductors manufacturing services
$95.8M
59/100
3rd
Logo for Enmacc
Enmacc
2016, Munich (Germany), Series B
OTC energy trading platform for investors
$11.1M
58/100
4th
Logo for Power Ledger
Power Ledger
2016, Perth (Australia), Seed
Online platform offering energy trading solutions
-
53/100
5th
Logo for Digital Grid
Digital Grid
2017, Chiyoda City (Japan), Public
Provider of transmission and distribution management solutions
$12.4M
51/100
6th
Logo for Vandebron
Vandebron
2013, Amsterdam (Netherlands), Acquired
Online marketplace for retail power consumers
$2.24M
48/100
7th
Logo for Energy Capital & Power
Energy Capital & Power
2021, Cape Town (South Africa), Unfunded
Alternative investment platform for energy and power
-
-
47/100
8th
Logo for Drift
Drift
2015, Seattle (United States), Series A
Offering solutions for energy trading and tracking
$9.1M
47/100
9th
Logo for Neufin
Neufin
2022, Mumbai (India), Seed
Provider of an online lending platform offering green financing
$1.13M
46/100
10th
Logo for Dare
Dare
2016, London (United Kingdom), Seed
Provider of liquidity and value across global commodities markets
$35.6K
45/100
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Entrix's Investments and acquisitions

Entrix has made no investments or acquisitions yet.

Reports related to Entrix

Here is the latest report on Entrix's sector:

News related to Entrix

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Media has covered Entrix for a total of 5 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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