Terralayr

Terralayr is a startup that aggregates grid-scale energy storage assets, virtualizes them, and sells off the capacity to buyers. It functions as an exchange, connecting battery owners with buyers to optimize energy use and avoid penalties for mismatched energy forecasts. This platform addresses the inefficiency in the current energy storage market by acting as a facilitator rather than a trader.

Buy Funded Startups lists

Funding Round: Seed

Funding Amount: €77M

Date: 17-Oct-2024

Investors: Creandum, Earlybird, Norrsken VC, Picus Capital, Rive Private Investment

Markets: Energy, Cleantech, Battery, Energy Storage, Renewable Energy

HQ: Zug, Switzerland

Founded: 2022

Website: https://www.trlyr.com/

LinkedIn: https://www.linkedin.com/company/terralayr/

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