Enmacc is an over-the-counter (OTC) energy trading platform that digitalises the energy trading process. Led by CEO Jens Hartmann and based in Munich, it serves over 450 customers and hosts nearly 2,000 traders from energy suppliers, industrial firms, trading houses and municipal utilities. The company is expanding beyond power and gas to roll out environmental commodities, beginning with guarantees of origin and soon CO2 emission allowances (EUAs). Enmacc is using its European reach to accelerate the energy transition and broaden its commodity coverage. Financially, the company completed the second and final closing of its Series B financing; the first close three months earlier raised an eight-figure sum. Proceeds are being used to strengthen its position across Europe and introduce additional commodities. Enmacc operates a professional communication platform for bilateral energy trading, enabling users to connect with counterparties, clients and other energy trading professionals to exchange information. The platform supports networking and deal flow within the energy trading sector. Launched in 2016, the company was founded by Volker Puck, Marc Trieschmann and Kai Schlegel. Enmacc intends to use newly raised funds to continue developing the platform. The company also plans to hire new people in Munich to support its growth. No revenue or user metrics were disclosed in the article.

Total raised

$3M

Funding rounds

2

Latest round

Seed

Latest activity

Mar 2017