Founded in 2020 as an ETH Zurich spin-off, Exnaton develops a white-label software platform that automates billing and analytics for renewable-energy products. The AI-driven system supports dynamic tariffs, peer-to-peer energy sharing, and smart electric-vehicle charging, allowing utilities to launch and manage new energy offerings quickly. Headquartered in Zurich, the company already serves more than 50 utilities across Europe, including TotalEnergies in Belgium and Bayernwerk in Germany. Exnaton positions itself as a critical infrastructure layer for utilities transitioning to decentralized, data-heavy energy models. With fresh capital, it plans to deepen its AI capabilities and broaden feature sets that help clients monetize distributed energy resources. The firm also intends to accelerate geographic expansion within Europe and scale its commercial and technical operations. No revenue figures were disclosed in the article.

Total raised

$10M

Funding rounds

3

Latest round

Series A

Latest activity

Oct 2025