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Radar · Energy in Baden Wurttemberg

Best Energy Companies in Baden Wurttemberg, Germany

The 104 best Energy companies in Baden Wurttemberg, Germany in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: NexWafe.

104companies tracked
$145.7Mdisclosed funding
0unicorns
20have raised
FLIAR INTELLIGENCE · ENERGY × BADEN WURTTEMBERG

Our analysis of 50 Energy companies

$12.6b in tracked funding; 76% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

50companies analysed
76%cloud-native stacks
2024funding peak (by rounds)
1unicorns
2019median founding year
475kcombined LinkedIn audience
77%of audience held by top 3
4companies hiring publicly (12 mo)

Ranked: Best Energy companies in Baden Wurttemberg

#CompanyLast roundDisclosed fundingStageEmployeesFoundedFounderPatents & IP focusRecent signals
1ABL
Provider of batteries
——Unfunded41——8 patents
Electric vehicle charging station hardware: power modules, meter units, and assembly components.
—
2Agraferm
Multi-branded food and beverage operator of licensed concepts in travel and healthcare environments
——Unfunded342004—82 patents
Optimizing biogas plant operation and foam control in anaerobic digestion systems
—
3AXITEC
Manufacturer of solar modules, energy storage systems, and electric vehicle charging solutions
——Unfunded—2001Steffen Wiedmann
CEO
——
4Bioenergie Zollernalb
Online retailer of Ayurvedic medicine and personal care products
——Unfunded—2006Gerhard Teufel
CEO
——
5BioHKW
Developer of bio energy projects
——Acquired12008———
6BRC Solar
Developer of power optimizers for the photovoltaic market to increase the efficiency of modules
——Funding Raised152018Timm Czarnecki
CEO
—1 launch
7Carpevigo
Solar PV project developer
——Public—2006Jens Neureuther
CEO
——
8Coara Solar
Turnkey solar solutions provider
——Unfunded—2011Harald Hemming
Co-Founder & CEO
——

Top 12 Energy companies in Baden Wurttemberg

#1
Seed · Stuttgart, Baden Wurttemberg · founded 2020 · 10 employees
$6.4Mraised
▾

Provider of software for automated billing of decentralized energy generation. The software supports the implementation of energy products, including on-site power purchase agreements and community energy supply. It measures energy flows, monitors the performance of generation plants, distributes energy quantities, and accurately bills consumption. The company offers consulting services, including feasibility studies and the creation of measurement concepts.

Fliar Intelligence Index™ 42how this company ranks against its industry peers
Talent
top 28%
Growth
top 35%
Funding
top 45%
Tech
bottom 49%
Global
bottom 32%
Market
bottom 20%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Growth: Fresh capital in last 24 mo
Funding: Raised $6.4M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Seed (Feb 2026)
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 1 partnerships · 1 awards (incl. Energie Pro GmbH) announced in 12 mo
Funding rounds
  • Feb 2026Seed—
  • Oct 2022Seed$4.2M
  • Jan 2022Seed$2.3M
Founders & team
Andi WeissCo-Founder & Head of ProductFrederik PfistererCo-Founder & CEO & MDFlorian FeigenbutzCo-Founder
Investors
Millennium Venture Capital, Picus Capital, Point Nine, Future Energy Ventures
Tech stack
AosAtlassian StatuspageCloudflareCloudflare Bot ManagementCore-JsGoogle Analytics
#2
Series C · Freiburg im Breisgau, Baden Wurttemberg · founded 2015 · 26 employees
$120.6Mraised
▾

NexWafe produces and supplies wafers to solar cell producers. The company manufactures these wafers using Kerfless Wafering Technique by which there is less wastage of raw materials and the cost of production is low than regular.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Funding
top 32%
Growth
top 32%
Moat
top 32%
Tech
top 37%
Patents
top 38%
Talent
top 38%
Funding: Raised $121M across 10 rounds · 10 rounds over 11 yrs (0.9/yr) · Last round Series C (May 2023)
Growth: Headcount 17 → 26 (+53%) across vintages
Moat: Editorial + unicorn rating 7/10 · IP moat: 66 patents · 9 curated direct competitors tracked
Audience (LinkedIn): 7k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Senior Electrical Design Engineer
Activity (LinkedIn): 1 partnerships (incl. Talon PV) announced in 12 mo
Funding rounds
  • May 2023Series C$32.2M
  • Jan 2023Grant (prize money)$108.7K
  • Apr 2022Series C$7.6M
  • Oct 2021Series C$45.1M
Founders & team
Roy SegevCo-FounderKarl Friedrich HaarburgerCEO NexWafe Si-Fab GmbH
Investors
EIC Fund, Aramco Ventures, Athos Capital, Keshik Capital, Reliance New Energy, WAM
Tech stack
CdnjsCloudflareFancyboxGoogle AnalyticsGoogle Tag ManagerHsts
#3
Seed · Korntal Munchingen, Baden Wurttemberg · founded 2019 · 7 employees
$2.9Mraised
▾

Developer of solar energy projects

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers
Funding rounds
  • Sep 2023Seed$2.9M
  • Sep 2022Seed—
  • Seed—
Investors
facilioo, Clime, 468 Capital, Match VC, Grundermotor, Partners in Clime
Tech stack
CloudflareCookie ScriptExpressGoogle AnalyticsGoogle CloudGoogle Cloud Cdn
#4
Seed · Leinfelden Echterdingen, Baden Wurttemberg · founded 2014
$5.2Mraised
▾

Provider of training and compliance services to the power industry

Funding rounds
  • Jul 2021Seed$5.2M
Founders & team
Hans SchusterCEO
Investors
Courtside Ventures, Powerhouse Capital
#5
Funding Raised · Ulm, Baden Wurttemberg · founded 2000
$4.1Mraised
▾

Turnkey solar energy solutions provider for African markets. This company designs, implements, and maintains customized solar power systems for various sectors, including utilities, education, industry, and agriculture. They participate in tenders and pursue independent business development to expand access to clean energy. Their offerings encompass a wide array of applications, from water pumping systems to off-grid and on-grid photovoltaic installations and mini-grids. They also provide training and support to local professionals.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Activity: 1 partnerships announced in 12 mo
Funding rounds
  • May 2021Grant (prize money)$4.1M
  • Feb 2015Grant (prize money)—
  • Jan 2015Grant (prize money)—
Founders & team
Sibai IsmailCo-CEO & Managing DirectorTobias MerkelCo-CEO & Managing Director
Investors
Europa
Tech stack
BootstrapGsapHstsIonosLodashMicrosoft 365
#6
Funding Raised · Unterensingen, Baden Wurttemberg · founded 2014
$2.9Mraised
▾

Solutronic Energy is a solar energy storage system and inverter manufacturer. Has 6 products in its portfolio including energy storage system, batteries, inverter, hybrid system, regulator etc. Has batteries with capacities up to 5kWh. Provides 10-year warranty on all products.

Funding rounds
  • Aug 2018Grant (prize money)$2.2M
  • Sep 2016Grant (prize money)$724.9K
Founders & team
Stefan StarkFounder & CEO
Investors
EIC Fund, Europa, EKK & Co
Tech stack
WordpressMysqlPhpTwenty SeventeenYoutubeW3 Total Cache
#7
Funding Raised · Offenburg, Baden Wurttemberg · founded 2017
$1.5Mraised
▾

Developer of renewable power and heat components based in Offenburg, Germany. The company engages in the development, planning and construction of energy systems and parts to supply uninterrupted and controlled regenerative energy for the production of electricity as well as high and low-temperature process heat for industrial procedures, thereby enabling industries to supply guaranteed and flexible energy with higher efficiencies and potential cost reduction.

Funding rounds
  • Sep 2019Grant (prize money)$1.5M
Founders & team
Lars AmsbeckManaging Director
Investors
Europa, Start-up BW
#8
Funding Raised · Horb am Neckar, Baden Wurttemberg · founded 2005
$647Kraised
▾

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Funding rounds
  • Nov 2019Conventional Debt$647K
Investors
Santander
Tech stack
CdnjsCloudflareCookiebotCore-JsFont AwesomeGodaddy
#9
Deadpooled · Freiburg im Breisgau, Baden Wurttemberg · founded 1999 · 31 employees
$509Kraised
▾

Industrial Solar develops customized solutions for renewable energy projects and energy efficiency in medium power range for industrial enterprises. Their systems use solar thermal, PV , combined heat and power or efficiency measures. Additionally the company also offers consulting on optimizing existing energy systems and comprehensive engineering services.

Funding rounds
  • Jan 2020Grant (prize money)$509K
  • Feb 2011Unattributed—
Investors
HTGF, Europa
Tech stack
WordpressMysqlPhpHello ElementorIvory SearchThemeisle Menu Icons
#10
Funding Raised · Adelmannsfelden, Baden Wurttemberg · founded 2005
$563.4Kraised
▾

Manufacturer of automated drilling rigs and equipment for onshore and offshore applications. This includes rigs for drilling, workover, and decommissioning operations. The company offers both onshore and offshore rig solutions, along with individual components. Automated processes and hydraulic technology are key features, designed to improve safety, efficiency, and environmental protection. The equipment is adaptable to various drilling applications, including deep geothermal projects, oil and gas drilling, and well intervention. Components are designed for integration with existing rigs or as standalone units.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 2.1% of this cohort's audience
Funding rounds
  • Jan 2015Grant (prize money)$563.4K
Founders & team
Ulrich HahneCEO
Investors
Europa
Tech stack
Apache Http Server
#11
Public · Freiburg im Breisgau, Baden Wurttemberg · founded 1999
$190.3Kraised
▾

PSE is a solar technology company with specialized expertise in solar testing methods and solar knowledge management. They are a spin-off of the Fraunhofer Institute for Solar Energy Systems ISE and they develop, build and install test stands for the purposes of certification, product development and quality control.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Funding rounds
  • Oct 2016Grant (prize money)$190.3K
Founders & team
Frank LuginslandCEO
Investors
Europa, Fraunhofer Venture
Tech stack
Apache Http ServerCookiefirstFancyboxGoogle AnalyticsGoogle Tag ManagerJquery
#12
Funding Raised · Stuttgart, Baden Wurttemberg · founded 2011
$113Kraised
▾

Developer of bionic agitators for efficient fluid and liquid mixing. The company focuses on developing agitators inspired by the energy-efficient movement of ducks' feet in water. These agitators aim to minimize turbulence and maximize energy use for fluid displacement. The company researches the potential of its agitator for various commercial applications.

Funding rounds
  • Apr 2016Grant (prize money)$57K
  • May 2015Grant (prize money)$56K
Founders & team
Martin FalgerFounder & CEO
Investors
EIC Fund, Europa

Funding & investor landscape

$145.7Mtotal disclosed funding
14companies funded
26disclosed rounds
0rounds last 90 days
Most active investors
Europa13 rounds
Start-up BW5 rounds
BAFA3 rounds
EIC Fund3 rounds
Fraunhofer Venture3 rounds
Grundermotor3 rounds
EIT InnoEnergy2 rounds
468 Capital1 rounds
AEW Energie1 rounds
AWIMA Mittelstandspartner1 rounds

Notable founders

Andi Weiss
Co-Founder & Head of Product · Solarize
Frederik Pfisterer
Co-Founder & CEO & MD · Solarize
Roy Segev
Co-Founder · NexWafe
Karl Friedrich Haarburger
CEO NexWafe Si-Fab GmbH · NexWafe
Hans Schuster
CEO · ARENA-INNOVATION
Sibai Ismail
Co-CEO & Managing Director · SOLAR23
Tobias Merkel
Co-CEO & Managing Director · SOLAR23
Stefan Stark
Founder & CEO · SOLUTRONIC energy
Lars Amsbeck
Managing Director · HelioHeat
Ulrich Hahne
CEO · Herrenknecht Vertical
Frank Luginsland
CEO · PSE Instruments
Martin Falger
Founder & CEO · Wusoa
Prism market signals · Germany · country-scoped Prism corpus, 2,145,302 docs

Market landscape — 10 sub-themes by coverage

Share of Energy coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Energy companies are there in Baden Wurttemberg, Germany?
Radar tracks 104 indexable Energy companies headquartered in Baden Wurttemberg, Germany that meet our profile-completeness bar.
What is the total funding raised by Energy companies in Baden Wurttemberg, Germany?
The Energy companies in Baden Wurttemberg, Germany on this list have raised a combined $145.7M in disclosed equity funding across 14 funded companies.
Which is the highest-funded Energy company in Baden Wurttemberg, Germany?
NexWafe is the highest-funded Energy company in Baden Wurttemberg, Germany, with $120.6M in disclosed equity funding.
How many Energy companies in Baden Wurttemberg, Germany are funded?
14 of the 104 Energy companies in Baden Wurttemberg, Germany on this list have disclosed at least one equity funding round.
How many Energy unicorns are there in Baden Wurttemberg, Germany?
None of the Energy companies in Baden Wurttemberg, Germany on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Baden Wurttemberg, Germany Energy companies?
The most active investors in Baden Wurttemberg, Germany Energy companies on this list include Europa, Start-up BW, BAFA, EIC Fund, Fraunhofer Venture.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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