Furo
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Furo - overview
Established
2025
Location
Munich, -, Germany
Primary Industry
Software
About
Based in Germany, Furo, operates as a software services provider specializing in battery storage solutions. Based in Munich, Germany and founded in 2025, Furo offers software services focused on battery storage management. The funding will be used to further develop its battery-storage software, expand into additional European markets, and grow its team. Furo is a pioneering software platform that seamlessly integrates the management of industrial battery storage systems from their initial planning stages through operation and market commercialization.
The main product offerings include advanced tools for battery sizing, economic analysis, and operational strategy development, with an emphasis on AI-driven optimization to enhance the profitability of energy storage. Furo's platform enables users to upload load profiles and specify site locations, automatically calculating optimal storage capacities while generating customer-ready documentation. The software serves a diverse client base, including energy companies, battery manufacturers, installers, and industrial enterprises, effectively catering to geographical markets in Europe and potentially expanding into other regions where battery storage solutions are critical. The end-users benefit from enhanced energy self-consumption, lower grid fees, and maximized revenue opportunities through intelligent energy trading on various markets.
Furo’s revenue structure is anchored in subscription-based services where clients engage in long-term partnerships to utilize the advanced capabilities of the platform for their energy storage solutions. Clients pay for continuous access to services that include daily energy price forecasting, storage optimization, and market engagement, allowing them to optimize operations and drive economic value through their battery assets. The transactions primarily occur in a B2B model, connecting the software directly to energy providers and industrial users without intermediary retailers. By analyzing real-time data, Furo enables clients to strategically manage their energy loads to capitalize on dynamic market conditions, effectively monetizing available storage during peak pricing hours.
The company plans to further develop its battery-storage software, expand into additional European markets, and grow its team.
Current Investors
Neo Ventures, TQ Ventures, Sandberg Bernthal Venture Partners
Primary Industry
Software
Sub Industries
Renewable Energy, Analytics & Performance Software, Application Integration Software
Website
www.furoenergy.com
Verticals
Artificial Intelligence, Artificial Intelligence, Clean Technology, Cloud Computing, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Furo - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Seed | Completed | Furo | - |
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