Endre Technologies raises US$846.2K pre-seed for grid-planning software
What's the deal? Gothenburg-based Endre TechnologiesDealroom has a profile for this one. Try Dealroom →, a Chalmers University spinout, has closed an oversubscribed pre-seed round of US$846.2K (roughly €600K). Almi Invest and Chalmers VenturesDealroom has a profile for this one. Try Dealroom → co-led the round, with participation from Västkustens Affärsänglar (Vastaf) and IDA InWest.
Founded in 2022, Endre builds software for data-driven grid planning. Its platform helps grid operators and property developers forecast future power demand, analyse network capacity, and make better investment decisions. The technology draws on more than 20 years of research in energy systems analysis from Chalmers University of Technology and Berkeley LabDealroom has a profile for this one. Try Dealroom → in California.
Why now? Electrification of industry, transport, and cities is putting enormous strain on power grids worldwide. International estimates suggest grid investment needs to reach around $800B annually to meet climate targets and rising demand.
Grid operators face increasingly complex planning decisions driven by new regulations, shifting consumption patterns, and long investment cycles. Endre's platform combines grid data, societal data, and scenario modelling to simulate how new districts, industries, and energy systems affect power needs over time — automating analyses that were previously slow and uncertain.
The startup already shows strong traction. Sales more than doubled in the first four months of 2026. In a project with Mölndal EnergiDealroom has a profile for this one. Try Dealroom →, Endre's technology showed that power demand for a new urban district could be reduced by nearly 30%, potentially saving significant infrastructure costs and speeding up grid connections.
"We're not just building software — we're helping our customers make faster and better decisions at a time when grid capacity has become a critical issue for growth and electrification," said Elias Bernerskog, chief executive officer of Endre Technologies.
What could go wrong? Grid planning software is a niche market dominated by incumbent utilities and engineering consultancies with deep relationships. Convincing risk-averse grid operators to adopt new tools from a young startup is never easy. Endre will also need to prove its models work across different regulatory frameworks if it plans to expand beyond Sweden.
The signal: Chalmers Ventures continues to function as a pipeline turning Nordic academic research into venture-backed companies, and co-leading this round alongside state-backed Almi Invest underscores how Swedish public and institutional capital is converging on grid infrastructure as a strategic priority. With Dealroom classifying Endre as already in "early growth" despite a modest pre-seed, the startup's doubling sales trajectory suggests grid operators are actively pulling new software into procurement cycles rather than waiting — a sign that the bottleneck in electrification is shifting from energy generation to the planning layer itself.
Read more: Mynewsdesk
