etalytics raises €16M to advance its AI energy optimisation platform

German deeptech company etalytics has raised a total of €16 million in its Series A round. The funding includes a new investment from M12, Microsoft’s Venture Fund. The company will use the capital to expand globally and further develop its energy-saving platform. etalytics develops a software platform called etaONE®. It uses artificial intelligence and digital twins to analyze industrial energy systems. The platform predicts energy needs and automatically adjusts operations for maximum efficiency. This technology helps large facilities reduce energy costs and carbon emissions. It focuses on complex systems like cooling, heating, and ventilation. Customers like Volkswagen and Equinix report energy savings of up to 50 percent. The platform is designed for energy-intensive sectors such as data centers, manufacturing, and pharmaceuticals. The new funding will support the company's expansion into North America and increase its capacity in Europe and Asia.