Reel Energy
Overgaden Neden Vandet 17, 2. sal, Copenhagen, Hovedstaden, 1414, Denmark
Overview
Reel offers a commercial model built around long-term PPAs to provide predictable power prices for corporate buyers and reliable revenue streams for renewable generators. The company augments PPAs with algorithmic trading across multiple electricity markets and optimizes batteries to maximize merchant revenues. Those trading revenues are used to finance new renewable projects, supporting project economics. Reel serves customers across industries including industry, real estate, media and hospitality and already partners with German generators such as Blue Elephant Energy and greenwind. With the newly raised Series A, Reel plans to scale its Denmark-proven model into Germany and build a dedicated sales organization by the end of 2026. Investors view the company’s ability to connect the economic interests of different market participants as key to its growth in volatile markets.
- Total raised
- $25M
- Funding rounds
- 3
- Latest round
- Series A
- Latest activity
- May 2026
Industries
- Renewable Energy
Recent funding
Series A
May 2026
$18M
Seed
Jan 2024
$5M
Seed
Jul 2022
$2M