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NOX Energy raises €3M in seed funding to connect home heat pumps to European power markets. Rise PropTech and Volve Capital co-led the round.

PRIVATESep 30, 2026

Amount Raised

€3 Million

Round Type

Seed

EnergyRenewable EnergySolarEnergy ManagementEnergy StorageEnergy EfficiencyPower GridClean Energy

Investors

Fair Capital Impact FundSeeder FundVolve CapitalRise PropTechUneti Ventures100in

Description

NOX Energy raised €3 million in seed funding to provide software that links home heat pumps and solar panels to electricity prices and power markets across Europe. The round was co-led by Rise PropTech and Volve Capital, with participation from Seeder Fund, Uneti Ventures, Fair Capital Impact Fund, and 100in. The company has connected over 10,000 devices and counts major energy suppliers Eneco and Frank Energie among its customers. NOX aims to become the infrastructure layer for energy flexibility in Europe, similar to SWIFT's role in banking.

Quick answer

NOX Energy raised €3 Million in a Seed round, dated September 30, 2026. Investors: Fair Capital Impact Fund, Seeder Fund, Volve Capital, Rise PropTech, Uneti Ventures and 100in.

How much did NOX Energy raise?
NOX Energy raised €3 Million in a Seed round on September 30, 2026.
Who invested in NOX Energy?
Fair Capital Impact Fund, Seeder Fund, Volve Capital, Rise PropTech, Uneti Ventures and 100in are named as investors in this round.
What does NOX Energy do?
NOX Energy is a European software platform that connects home heat pumps, solar panels, and batteries to electricity markets, enabling households to respond to power prices and earn revenue.
Where is NOX Energy based and how big is it?
Fundz records about 2 employees.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as NOX Energy that raised within 45 days of this round, from Fundz verified event records.

  • TXNM Energy raised $400M (Debt Financing) on September 2, 2026.
  • CIOC Energy raised $3.4M (Seed) on September 23, 2026.
  • TAR raised $120M (Series A) on September 10, 2026.
  • Delafield Energy raised an undisclosed amount on September 1, 2026.
  • Sunrisal Ltd raised $25K (Grant) on November 14, 2026.
  • Exus Renewables raised $345M (Debt Financing) on November 12, 2026.

Who to call at NOX Energy, and when

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Company Information

Company

NOX Energy

About

NOX Energy is a European software platform that connects home heat pumps, solar panels, and batteries to electricity markets, enabling households to respond to power prices and earn revenue. Founded in 2024, the company acts as infrastructure between energy devices and suppliers/grid operators, similar to SWIFT for energy flexibility. It has connected over 10,000 devices across Europe and counts major energy suppliers like Eneco and Frank Energie as customers. NOX helps households save up to 28% on energy costs while earning up to €200 annually through flexibility services.

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NOX Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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