Terra One Raises €150M to Expand Battery Storage for Europe’s Energy Transition
In September 2025, Berlin-based startup Terra One announced it had secured €150 million from Aviva InvestorsDealroom has a profile for this one. Try Dealroom → to accelerate the rollout of its grid-scale battery storage sites.
Founded in 2022 by Thomas AntonioliDealroom has a profile for this one. Try Dealroom →, former CFO of Grover, and Tony SchumacherDealroom has a profile for this one. Try Dealroom →, previously at Teclead VenturesDealroom has a profile for this one. Try Dealroom →, the company is positioning itself at the centre of Europe’s transition to renewable energy.
Terra One’s model is to purchase batteries from manufacturers such as CATL and Tesla, integrate them into the grid, and trade electricity on the European Energy Exchange. The system buys energy when prices are lowest—often at night or during periods of peak solar generation—and sells it back when renewable output falls and prices climb.
The company is also developing software to forecast energy prices across Europe, enabling it to optimise storage and trading decisions. Schumacher stresses that delivering strong financial returns is essential to attract the institutional capital needed to scale renewable energy infrastructure.
Battery storage is becoming a cornerstone of Europe’s energy transition, ensuring renewables can be delivered even when wind and solar power are unavailable. Terra One joins peers such as the UK’s Field, which raised £200 million in 2023, and Sweden’s Ingrid Capacity, which secured $100 million in the same year, in building out the continent’s storage capacity.
Sources:
Sifted
EU Startups
J.V.
