Enshift closes €18.5 million Series A round
Zug-based CleanTech company enshift has raised €18.5 million (CHF 17 million) in a Series A funding round, strengthening its position as one of Switzerland’s most promising innovators in grid flexibility and energy optimization. The fresh capital will be used to accelerate product development, expand across European markets and deepen collaborations with utilities and large energy consumers.
Scaling digital flexibility for the energy transition
Enshift develops software that helps utilities, asset operators and industrial users better manage renewable energy and distributed assets such as solar, batteries, heat pumps and electric vehicle charging infrastructure. By orchestrating these assets in real time, the platform unlocks demand-side flexibility, reduces grid congestion and supports the integration of intermittent wind and solar power.
The company’s cloud-based tools use advanced data analytics and AI algorithms to forecast consumption, optimize dispatch and participate in balancing markets. This allows customers to cut energy costs, generate new revenue streams from flexibility services and improve grid stability without expensive physical upgrades.
Strategic investors back European expansion
The Series A round, led by a consortium of financial and strategic investors, underscores growing confidence in digital solutions that can accelerate the energy transition. The new funding will enable enshift to grow its engineering and commercial teams in Switzerland and the EU, adapt its platform to additional regulatory frameworks and scale deployments with grid operators and large industrial sites.
As European countries push to meet net-zero targets and electrify transport and heating, demand for flexible, software-driven grid solutions is rising sharply. By focusing on interoperability with existing infrastructure and clear business cases for utilities and corporate clients, enshift aims to become a key player in Europe’s evolving smart grid landscape.
With this funding milestone, the Zug-based company is poised to turn its Swiss foothold into a broader European presence, helping energy stakeholders manage volatility, avoid curtailment of renewables and build more resilient power systems.