FION Energy pre seed funding is giving Europe’s industrial energy sector a much needed boost at a time when electricity prices are putting real pressure on manufacturers.
The Berlin based cleantech startup has closed a €1.4 million pre seed financing round to scale its AI driven battery storage platform for industrial companies. The round was led by High Tech Gründerfonds and Norrsken Evolve, with several experienced business angels also joining.
The fresh capital will help FION Energy move faster on multiple fronts. The team plans to roll out more AI powered battery systems, improve its software platform, and hire new talent. The focus is simple. Help factories cut electricity costs without adding complexity to daily operations.
Industrial energy prices in Europe remain a major problem. On average, European manufacturers pay around 50 percent more for electricity than competitors in the United States or China. Volatile renewable energy supply and rigid factory energy usage make the situation worse.
As a result, many industrial sites struggle to plan costs. Energy becomes unpredictable. Margins shrink. Long term competitiveness suffers.
FION Energy believes battery storage can change that story when paired with the right intelligence.
The startup offers an end to end solution for industrial battery storage. It starts with site analysis and system design. It continues through procurement and installation. It does not stop there.
Once the system is live, FION operates the batteries using its own AI dispatch engine. The software continuously learns how each factory consumes energy. It reads electricity tariffs and market prices in real time. Then it decides when to charge or discharge the battery automatically.
This approach removes the manual work and guesswork for industrial customers. There is no need for in house energy trading teams or complex control systems.
The impact can be significant. By smoothing load peaks, companies reduce grid fees. By shifting energy use to cheaper times, they benefit from price arbitrage. According to FION, this can lead to electricity cost savings of up to 50 percent.
That value proposition is drawing attention from investors who understand Europe’s industrial challenge.
HTGF sees high energy costs as one of the biggest structural risks facing manufacturers today. The fund believes FION offers a scalable and practical way for companies to get started with battery storage without heavy operational burden.
Norrsken Evolve’s participation signals confidence in the climate and impact angle as well. Reducing energy waste and increasing flexibility supports both competitiveness and sustainability goals.
For FION Energy, the vision goes beyond individual factories.
The company wants to turn energy from a cost center into a strategic asset for European industry. In the long term, the team aims to connect industrial sites into an intelligent and decentralized energy network.
In that future model, factories are no longer passive energy consumers. They actively manage, optimize, and even market their energy flexibility. Storage systems become part of a wider digital energy infrastructure.
This platform approach could help stabilize grids, support renewables, and strengthen industrial locations across Europe.
FION Energy was founded in Berlin in 2025. The company builds manufacturer independent industrial battery storage systems and operates them with AI optimized control in real time.
Its target customers are industrial companies with annual electricity consumption above 2 GWh. Several systems are already running, and more projects are planned across Germany and the wider European Union.
The founding team brings a strong mix of energy, technology, and operational experience. It includes Philipp Hamm, Johannes Meriläinen, and Dmytro Dzifuta.
With FION Energy pre seed funding now secured, the startup is entering a critical growth phase. As Europe searches for ways to keep industry competitive while transitioning to cleaner energy, solutions that combine intelligence, flexibility, and speed will matter more than ever.