Exnaton Raises Series A to Expand AI Platform Powering Europe’s Energy Transition

Swiss software company Exnaton, a spin-off from ETH Zürich, has secured a Series A funding round co-led by 4impact capital and Elevator Ventures, with continued backing from True Ventures and Übermorgen Ventures. The investment will accelerate the rollout of Exnaton’s AI-powered intelligence platform for utilities across Europe, enabling smarter, data-driven energy systems.

Founded to address the rising complexity of decentralized energy markets, Exnaton provides a software-as-a-service platform that allows utilities to launch and manage sustainable energy products such as dynamic tariffs, peer-to-peer energy sharing, and smart EV charging without costly IT overhauls. Its AI tools automate analysis of consumption, billing, and production data — helping utilities cut operational costs, improve efficiency, and deliver more personalized customer experiences.

More than 50 utilities, including TotalEnergies, eprimo, Bayernwerk, and Burgenland Energie, already use Exnaton’s platform to enhance transparency and flexibility across the European energy sector. Recognized as one of the Top 100 Swiss Startups for four consecutive years and a Venture Kick winner, Exnaton continues to position AI at the core of Europe’s clean-energy transformation.

Featured image: Credit: Exnaton