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
Ranked
1st among 155 active competitors
Employee Count
161 as on Sep 30, 2026
Legal entities associated with Entrix
Entrix is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Entrix GmbH CIN: D2601_HRB269431 , Germany, Active | Sep 13, 2021 | - | - | |
Entrix GmbH CIN: 269431 , Germany, Active | Sep 12, 2021 | - | - |
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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 |
View details of Entrix's funding rounds and investors
Entrix's founders and board of directors
Founder? Claim ProfileThe founders of Entrix is Steffen Schulzchen. Steffen Schulzchen is the CEO of Entrix.
Here are the details of Entrix's key team members:
- Steffen Schulzchen: Founder & CEO of Entrix. Contact Info: 1 email address
View details of Entrix's Founder profiles and Board Members
Entrix's employee count trend
Entrix has 161 employees as of Sep 26. Here is Entrix's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Optimization and trading platform for energy storage | $49.8M | 59/100 | ||
2nd | tem 2021, London (United Kingdom), Series B | Provider of renewable electricity semiconductors manufacturing services | $95.8M | 59/100 | |
3rd | OTC energy trading platform for investors | $11.1M | 58/100 | ||
4th | Power Ledger 2016, Perth (Australia), Seed | Online platform offering energy trading solutions | - | 53/100 | |
5th | Digital Grid 2017, Chiyoda City (Japan), Public | Provider of transmission and distribution management solutions | $12.4M | 51/100 | |
6th | Vandebron 2013, Amsterdam (Netherlands), Acquired | Online marketplace for retail power consumers | $2.24M | 48/100 | |
7th | Energy Capital & Power 2021, Cape Town (South Africa), Unfunded | Alternative investment platform for energy and power | - | - | 47/100 |
8th | Drift 2015, Seattle (United States), Series A | Offering solutions for energy trading and tracking | $9.1M | 47/100 | |
9th | Provider of an online lending platform offering green financing | $1.13M | 46/100 | ||
10th | Dare 2016, London (United Kingdom), Seed | Provider of liquidity and value across global commodities markets | $35.6K | 45/100 |
Looking for more details on Entrix's competitors? Click here to see the top ones
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
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.
•
Low Carbon taps Entrix to optimise 8.8-MW BESS in PolandRenewables Now•Jul 16, 2026•Low Carbon, Entrix
•
Entrix to Optimize 36-MW/144-MWh Battery Energy Storage System in GermanyRenewables Now•Jun 16, 2026•Entrix
•
Munich-based Entrix Raises €43M As Europe Boosts Flexible energy SystemsStartup Rise EU•Mar 26, 2026•Junction Growth Investors, Entrix, Korys, Allianz and 1 other
•
RP Global and MaxSolar Partner to Advance Solar and Storage in GermanyRenewable Energy Magazine•Feb 04, 2026•MaxSolar, RP Global, Entrix
•
Entrix expands battery storage optimisation business to Spain and PortugalRenewables Now•Oct 30, 2025•Entrix
•
Greenvolt and Entrix Sign Strategic Partnership for 1.3 GW / 5.2 GWh Battery Storage Projects in Polandpv magazine•Sep 10, 2025•Entrix, GREENVOLT
•
W Power taps Entrix for optimizing 65 MWh Battery Storage Facility in Wormspv magazine•Jun 25, 2025•W Power, Entrix
•
Aquila Clean Energy signs up Entrix for ‘essential’ optimisation services at German BESS projectsEnergy-Storage•Nov 20, 2024•Aquila Clean Energy, Entrix
•
Flexa GmbH’s Establishment Of European’ Largest Virtual Power PlantGlobal Legal Chronicle•Jun 15, 2024•Osborne Clarke, FLEXA, Enpal, Entrix
•
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