When was Vattenfall founded?

Vattenfall was founded in 1909 and raised its 1st funding round 96 years after it was founded.

Where is Vattenfall located?

Vattenfall is headquartered in Stockholm, Sweden.

Who is the current CEO of Vattenfall?

Rainer Wittenberg of Vattenfall.

How many employees does Vattenfall have?

As of Mar 31, 2026, the latest employee count at Vattenfall is 15792.

Is Vattenfall a funded company?

Vattenfall is a funded company, having raised an undisclosed amount across 19 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Feb 04, 2005.

When was the latest funding round of Vattenfall?

Vattenfall's latest funding was a $***** Grant (prize money) round on Jul 31, 2023, with participation from 1 investor.

Where does Vattenfall rank among its competitors?

Vattenfall ranks 1st amongst 32 active competitors, none of which are funded.

Who are the top competitors of Vattenfall?

Vattenfall's top competitors include Acciona Energy, Georgia Power and Axpo. Among them, Axpo secured the most recent funding round in March, 2024.

Vattenfall - 2026 Company Profile, Team, Funding, Competitors & Financials

Vattenfall is a funded company based in Stockholm (Sweden), founded in 1909. It operates as a Producer of heat and power generating services. Vattenfall has raised an undisclosed amount in funding. The company has 32 active competitors, including 13 that have exited. Its top competitors include companies like Acciona Energy, Georgia Power and Axpo.

Company Details

Website: group.vattenfall.com
Social
Email ID: *****@vattenfall.com
Phone Number: +46 **********

Key Metrics

Founded Year

1909

Location

Stockholm, Sweden

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Jul 31, 2023, $*****

Investors

Societe Generale & 7 more

Ranked

1^st among 32 active competitors

Employee Count

15,792 as on Mar 31, 2026

Investment & Acquisitions

Geosolar & 13 more

Similar Companies

Octopus Energy & 1049 more

View Vattenfall's full profile

Vattenfall is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
INCHARGE CIN: 0791.886.422 , Belgium, Active	Oct 01, 2022	-	-	-
Vattenfall Ab CIN: 556036-2138 , Sweden, Active	Jun 18, 1937	$27.4B (As on Dec 31, 2023)	-	-
BRISTOL HEAT NETWORKS LIMITED CIN: 11652156 , United Kingdom, Active	Oct 30, 2018	$1.99M (As on Mar 31, 2023)	3 (As on Mar 31, 2023)
Vattenfall GmbH CIN: HRB124048 , Germany, Active		-	397 (As on Dec 31, 2021)

Vattenfall has raised funding over 19 rounds. Its first funding round was on Feb 04, 2005. Its latest funding round was a Grant (prize money) round on Jul 31, 2023 for $*****. 1 investor participated in its latest round. Vattenfall has 8 institutional investors.

Here is the list of recent funding rounds of Vattenfall:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 31, 2023	7274614	Grant (prize money)	5097923	6868905	5225528	1902113
Mar 22, 2023	6000819	Conventional Debt	5776038	8868572	8900246	Danske Bank & 2 more
Jul 31, 2020	9300196	Grant (prize money)	3055101	4711742	8813807	Amprion

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Vattenfall's employee count trend

Vattenfall has 15,792 employees as of Mar 26. Here is Vattenfall's employee count trend over the years:

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Top competitors of Vattenfall include Acciona Energy, Georgia Power and Axpo. Here is the list of Top 10 competitors of Vattenfall, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vattenfall 1909, Stockholm (Sweden), Funding Raised	Producer of heat and power generating services	-	Societe Generale, Danske Bank & 6 others	71/100
2nd	Acciona Energy 1997, Madrid (Spain), Public	Provider of renewable energy solutions	$567M	KKR, Triodos Investment Management & 3 others	70/100
3rd	Georgia Power 1883, Atlanta (United States), Public	Electric utility company	-	DOE, United States Department of Agriculture	68/100
4th	Axpo 2001, Baden (Switzerland), Funding Raised	Developer of hydro power projects	-	ING, Europa	63/100
5th	Rexel 1967, Paris (France), Public	Provider of electrical product and electricity services	-	Ardian, Clayton Dubilier & Rice & 4 others	61/100
6th	TerraForm Power 2014, New York City (United States), Acquired	Leading renewable energy provider with wind, solar, and storage assets	$335M	Capricorn	52/100
7th	GRIDCO 1995, Bhubaneswar (India), Unfunded	Distributor of electricity	-	-	48/100
8th	Addtech 1997, Stockholm (Sweden), Public	Provider of electrical safety products & electrical installation services	-	-	46/100
9th	Kraftringen 1907, Lund (Sweden), Funding Raised	Supplier of electricity and gas	-	ONE Nordic, Europa	43/100
10th	Garo 1939, Smalandsstenar (Sweden), Public	Distributor of electricity	-	Svolder	39/100

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Vattenfall has made 7 investments in companies including Fermi Energia and Fermi Energia. Vattenfall has also acquired 7 companies including Geosolar and Meiners.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 30, 2024	Acquisition	Geosolar	2005	Fredersdorf (Germany)
Dec 21, 2023	Acquisition	Meiners	1959	Gluckstadt (Germany)
Jul 20, 2023	Acquisition	Solizer	2015	Germany