Next Kraftwerke

Acquired

The power of many

Cologne, Germany · Founded 2009

Headquarters
Cologne
Employees
201–500
Founded
2009
Business Model
B2B
Last Round
SeedMay 2010
Rounds
1
Acquisition Date
Feb 2021

About

Next Kraftwerke, founded in 2009 in Cologne, Germany, operates one of Europe's largest virtual power plants, aggregating thousands of decentralized energy generation and consumption units — solar, wind, biogas, and battery storage — for real-time power trading, scheduling, and balancing services across European electricity markets. The company has grown from a two-person startup into the European market leader for virtual power plants, expanding internationally through joint ventures in Japan and Italy.

Summary

Next Kraftwerke is a Climate Tech company based in Cologne, Germany, founded in 2009. Its most recent funding was a Seed round in May 2010. Investors include Shell, Neuhaus Partners and High-Tech Grunderfonds.

Tech & App Stack

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Funding History

AcquisitionFeb 2021

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