Nomos, a Berlin-based energy technology company, has announced a €20 million funding round led by Index Ventures. The investment includes participation from angel investors Markus Villig, founder of Bolt, Daniel Dines, founder of UiPath, and Tomas Okmanas, co-founder of Nord Security. The new capital will support the company's mission to connect millions of European households to the electricity market through an artificial intelligence driven power platform.
Europe's Opportunity Starts at Home
Europe faces persistently high electricity costs, and Nomos argues that household flexibility can help address this problem. Many homes already have solar panels, batteries, and electric vehicles, but these assets remain largely disconnected from energy markets. By coordinating when households consume, store, and sell electricity, the company aims to create the flexibility needed to support more solar power across the continent.
Building an AI-Native Power Company
Turning this opportunity into a simple household product requires solving a substantial systems problem, according to the company. Every change in how a home consumes, stores, or sells electricity affects demand forecasting, power procurement, and payment settlement. Households also need a way to benefit from price signals without managing that complexity themselves.
Nomos OS and Regulated Operations
That is why Nomos has built a full-stack power company rather than offering only a software product. It is currently a regulated electricity supplier and balancing responsible party in Germany, operated by a small team in Berlin. At the centre of the operation is Nomos OS, software built from the ground up to run core processes using automation and agentic artificial intelligence.
Managing Complex Energy Workflows
Nomos OS handles functions that would traditionally require large teams, including forecasting the behaviour of individual households, managing the risk of price spikes, trading electricity, and handling liquidity. It also covers regulated market communication, metering, billing, and customer support. The company emphasises that these systems must work together because a trading decision affects liquidity, a missing meter reading affects billing, and both ultimately affect the household.
Partnering with Manufacturers and Installers
This infrastructure lets Nomos reach households through the manufacturers and installers they already choose. These companies can offer energy products under their own brand while Nomos runs the electricity supply and operations behind the scenes. The approach is designed to reduce complexity for households and accelerate the adoption of flexible energy assets.
Ambition and New Funding
The company says its ambition is to build Europe's largest power company by connecting millions of household assets to the energy market. Electricity supply and solar export are already live, while battery and electric vehicle flexibility trading are planned next. The new funding will allow Nomos to grow its team and take these capabilities to scale.
Hiring in Berlin
Automation enables the company to take on more scope and responsibility as it grows, but hiring remains an intentional decision about expertise and ownership. Nomos is expanding quickly and building its team on-site in Berlin. The company says it is looking for kind and brilliant people who care about the problem and its details as much as it does.
The €20 million investment signals growing confidence in Nomos as a full-stack energy company built for Europe's decentralised power system. By combining regulated supply, automation, and household flexibility, Nomos aims to lower electricity costs while enabling more renewable energy. Its next phase will focus on scaling operations, expanding partnerships, and hiring the team needed to deliver that vision.