Nomos raises €20m Series A for energy-product expansion
Index Ventures led the round, with Markus Villig, Daniel Dines and Tomas Okmanas participating.
Nomos plans to deepen engineering and energy trading and expand into France, Benelux, Italy and Spain.
In Germany, the company operates as a regulated electricity supplier and balancing-responsible party behind partner-branded plans. Dynamic electricity supply and solar-export products are live, while battery and EV flexibility trading are next capabilities.
The financing advances those product launches and market expansion, extending the supplier’s existing operating infrastructure.
Use of funds
Launch dynamic electricity plans and solar-export products in Germany, deepen engineering and energy trading, and expand into France, Benelux, Italy and Spain.