Seed · Energy · Stockholm, Sweden · Founded 2022 · 10–20 employees
Qurrent is a Stockholm-based greentech startup founded in 2022 that builds an AI-powered software platform for connecting, controlling, and optimizing distributed energy resources such as battery storage systems, solar parks, and wind turbines. Its virtual power plant platform automates optimization, dispatching, and market access across intraday trading, frequency regulation, and grid services, enabling commercial and industrial asset owners to maximize financial returns while supporting grid stability. In July 2025, Qurrent raised a $3.52M seed round led by VERBUND X Ventures — the corporate VC arm of Austrian energy giant VERBUND — with participation from Norwegian VC fund Arkwright X, marking VERBUND X Ventures' first investment in the Nordic region. The company has demonstrated early traction with customers reporting above-market returns on battery energy storage systems, and it is expanding internationally leveraging a strong European network of industrial partners.
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