EDDY GRID RAISES €7.5 MILLION AFTER 100X GROWTH IN LESS THAN TWO YEARS.

Utrecht, 28 May 2026 – Eddy Grid, Europe's fastest-growing independent energy
optimizer, has closed a new financing round of €7.5 million that values the company
more than 20 times higher than just two years ago. The round was funded almost
entirely internally, underscoring the strong confidence of existing investors, including
Graduate Ventures and Volve Capital. Nearly €1 million in secondary transactions were
also realized for existing shareholders. Once again, a powerful signal of confidence in the
young company.

“As VCs, we rarely see a team that executes with such speed from day one as
Eddy Grid. The growth over the past three years shows that Eddy Grid is not
only at the forefront technologically but is also a magnet for ambitious people
who want to build the future of energy. The recent tensions and energy
uncertainty, in particular, underscore how important smart, independent energy
infrastructure is and why technology like Eddy Grid is the global solution.."
Maurits Hovius, General Partner at Volve Capital

In addition to explosive revenue growth of nearly 900% in 2025 and the prospect of
another 1000% growth in 2026, Eddy Grid is already cash flow positive, a rarity for a
startup in this growth phase. The new round is therefore primarily aimed at further
strengthening the balance sheet, so that Eddy Grid becomes an even stronger partner
for its rapidly growing client portfolio. The team has grown from 16 to 60 employees
since January 2025.

“The phenomenal speed at which Eddy Grid is developing and growing is
entirely due to the exceptional team behind it. Eddy Grid has a unique mix of
world-class talent and an ironclad corporate culture, and that is exactly what
you need if you want to become a global player.”
Auke van den Hout, Managing Partner at Graduate Ventures

Eddy Grid's algorithms have proven time and again to generate the highest returns on
the market across a wide range of products. Owners of solar farms, wind turbines, and
batteries are increasingly discovering that switching to Eddy Grid immediately leads to significantly higher revenues. The result: the sales and operations teams are working at
full capacity to keep up with the growing demand.

The first international steps have now been taken. Eddy Grid currently serves customers
in the Netherlands and Belgium and is preparing for the go-live in Germany. In addition,
the company has comfortably surpassed the 500 MW under management mark, making
it the largest independent optimizer in the Netherlands. Eddy Grid's customers now
produce more electricity than the city of Utrecht consumes.

“The optimization of energy assets is becoming increasingly complex at a rapid
pace, especially now that solar, wind, and batteries are increasingly being combined
behind a single connection. It is precisely in this complexity that our strength lies.
The fact that we are growing rapidly and are cash flow-positive proves that our
approach works. With this round, we are strengthening our position as market
leader and accelerating the move towards a sustainable energy grid in Europe.”
Sam Rohn, CEO & co-founder Eddy Grid

About Eddy Grid

Eddy Grid is a Dutch energy technology startup founded in 2023 and based in Utrecht.
The company develops advanced algorithms that maximize the yields of renewable
energy sources such as solar panels, wind turbines, and battery systems, through
real-time optimization on energy markets. With over 500 MW under management, Eddy
Grid is the largest independent optimizer in the Netherlands. The company operates in
the Netherlands and Belgium and is preparing for expansion into Germany.