Antwerp based energy technology company LIFEPOWR has raised fresh funding to accelerate the roll out of its virtual power plant platform across Europe. The company, active since 2015, connects distributed assets such as solar panels, batteries and EV chargers to help balance increasingly volatile power systems. By giving households and businesses tools to manage when and how they use electricity, LIFEPOWR aims to make the energy transition more flexible, affordable and resilient.
Growth capital to scale across European markets
LIFEPOWR has secured €5.65 million in growth capital, in a round led by Noshaq and SPDG with participation from ROM InWest and existing shareholders. The new funding will be used to strengthen the company’s position in European energy markets and support expansion beyond its home base in Belgium, with an initial focus on the Netherlands and other priority regions. The company, which currently employs 33 people, plans to grow its team and deepen partnerships with energy providers, resellers and white label partners.
FlexiO platform and virtual power plant technology
At the core of LIFEPOWR’s proposition is FlexiO, an intelligent energy management platform that aggregates local assets into Virtual Power Plants. The platform links solar systems, batteries, EV chargers, heat pumps and other distributed infrastructure, then coordinates when they draw from or feed into the grid. By adjusting consumption, generation and storage in response to market signals and grid conditions, FlexiO helps users cut energy costs while supporting system stability.
Advanced EMS+ and prosumer participation
FlexiO is powered by LIFEPOWR’s EMS+ energy management software and real time market intelligence capabilities. This combination enables automatic optimization of when energy is taken from the grid, when it is produced on site and when it is stored, creating revenue opportunities both behind the meter and in wholesale and balancing markets. The company positions itself as distinct from players such as Next Kraftwerke, Flexcity and Nano Energies by integrating flexibility aggregation, value optimization and direct market access for prosumers in a single solution.
Strategic role in Europe’s flexibility markets
LIFEPOWR is strengthening its activities as a flexibility aggregator and Balancing Service Provider, giving prosumers structured access to energy markets. Through these services, households and businesses can monetize available capacity, contribute to decarbonization targets and participate in a more dynamic energy system. The company already manages more than 22,000 connected assets and collaborates with a rapidly expanding network of partners that embed FlexiO into their own offerings.
Investors see LIFEPOWR operating at the intersection of digital innovation and the green transition, with a scalable platform and proven market traction in residential flexibility. Noshaq and SPDG view the company as a potential cornerstone in tomorrow’s energy system, while ROM InWest highlights the tangible impact of its data driven approach as LIFEPOWR enters the Dutch market and other regions. With new capital and strategic backing, LIFEPOWR is moving to scale its virtual power plant technology across Europe, aiming to make energy management smarter, simpler and more rewarding for both consumers and the grid.