German AI Energy Specialist etalytics Secures €8 Million Series A Extension from Microsoft’s M12
German DeepTech firm etalytics has extended its Series A funding to €16 million with Microsoft’s M12 leading the €8 million extension. The AI energy intelligence platform helps industrial clients reduce energy consumption by up to 50% according to company reports. The funding will accelerate global expansion, particularly into the U.S. market.
Major Funding Milestone for AI Energy Optimization
German energy technology startup etalytics has successfully closed an €8 million Series A extension, bringing its total Series A funding to €16 million, according to recent reports. The Darmstadt-based DeepTech company, which specializes in AI-powered energy intelligence solutions, announced that the extension is led by M12, Microsoft’s Venture Fund, with continued participation from existing investors Alstin Capital, ebm-papst, and BMH.
