Mechelen-based Octave.energy raised a EUR 10M Series A (equity plus flexible debt) on September 4, 2026, led by SPDG Growth, with imec.istart, BNP Paribas Fortis, and KBC participating. Its battery energy storage plus energy-management software helps businesses use more solar, cut peak power charges, and manage EV charging.
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Belgian cleantech Octave.energy raises EUR 10M to scale battery storage in Europe
Why this matters for founders
SMBs with high energy bills can trim peak-demand charges via battery-plus-software systems; the equity-plus-debt structure is a useful template for climate-hardware startups funding capex without over-diluting.
Source: EU-Startups
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