Meet the Amsterdam energy startups that raised €1M or more in 2024; 11 of them are hiring right now

Amsterdam is at the forefront of the global fight against climate change, leveraging its energy and cleantech sector to reduce reliance on fossil fuels and build a sustainable future.

Ranked the world’s most sustainable city by Arcadis, Amsterdam excels in economic performance, social equity, and renewable energy innovation. 

The city’s energy communities unite residents, businesses, and stakeholders to produce, share, and manage renewable energy collaboratively. These initiatives enhance sustainability, lower energy costs, and empower local decision-making.

The city is supported by projects like the ATELIER, Schoonschip and “Energy for the City” (Energy voor de Stad) that work towards the Climate Neutral 2050 goals.

Amsterdam is also becoming a hub for energy startups focused on clean energy solutions, such as solar and wind power. 

These startups attract global investment, are supported by government resources, create jobs, and contribute to the city’s economy and the Netherlands’ clean energy leadership.

Now, as 2024 comes to an end, we have compiled a list of Amsterdam-based energy startups that raised €1M and more in 2024. Some of these companies are also hiring. Details are sourced from Dealroom.

Quatt

Quatt is a scale-up focused on installing 3M Quatt heat pumps by 2030. The company develops, manufactures, and installs the Quatt Hybrid, a hybrid heat pump powered by smart software. 

Recently, Quatt introduced two add-ons: the “All-Electric” heat pump and the patented “Chill” cooling system. The company claims that its hybrid heat pump can reduce gas bills by up to 80 per cent compared to a central heating boiler.

In July, the scale-up secured €25M in a growth equity funding round. Currently, Quatt has nearly 22 open job opportunities; check them out here.

Sympower

Sympower provides flexibility services across Europe to help balance electricity grids and support a sustainable energy system. 

The company enables commercial and industrial businesses, grid operators, and energy stakeholders to participate in energy flexibility services, helping them generate new revenue, reduce energy costs, and integrate more renewable energy into the grid.

In November, Sympower secured €21.3M in an oversubscribed Series B1 funding round from new and existing investors. The company has various job opportunities, apply here.

Next Sense

Next Sense, formed from the merger of EDGE Next and Sense by PHYSEE, helps clients decarbonise buildings throughout their lifecycle. The company provides services such as simulations for pre-construction and redevelopment phases, as well as AI-driven monitoring and control solutions for operational optimisation.

Additionally, Next Sense offers tailored customer success sessions to assist clients in complying with regulations like the EU CSRD and aligning with the Paris Agreement’s energy goals.

Earlier this month, in December, the company secured €11.5M in a Series A round of funding to scale its smart building platform globally. Currently, Next Sense has two job openings.

Ore Energy

Ore Energy offers a battery technology that has the potential to reduce the cost of long-duration energy storage by up to 10 times compared to current lithium batteries. The technology is based on the process of rusting and unrusting of metallic iron to store energy, using abundant materials such as iron, water, and air.

In May, the company emerged from stealth with €10M in funding from Positron Ventures and SPRIND. Ore Energy is currently hiring. Apply here. 

CarbonX

Global battery manufacturers face supply chain risks due to reliance on Chinese graphite. CarbonX offers a locally produced carbon anode material that matches graphite’s cost while improving charging speed, battery life, and reducing carbon footprint. The company expects initial agreements by mid-2025.

In February, the company secured €10M in growth funding co-led by Innovation Industries, InnovationQuarter, and Borski Fund. This December, it extended the round by an additional €4M. Currently, CarbonX is looking to hire a Lab Technician.

GBM Works

GBM Works has developed Vibrojet, a silent installation technique for offshore wind monopiles that reduces underwater noise pollution and meets stricter marine noise regulations. 

This eco-friendly method minimises harm to marine ecosystems, supporting sustainable offshore wind projects. Vibrojet also has potential applications in decommissioning, jacket piling, mooring, and infrastructure projects, contributing to global climate goals.

Earlier this month, in December, GBM Works secured the first close of a €6M seed funding round and is looking to hire an HSSE Engineer and a Mechanical Engineer. Apply here.

Etpa

Etpa is an energy trading platform supporting the transition to a sustainable future by enabling short-term electricity trades. It offers independent, transparent trading with products like intraday, ex-post, and congestion management, helping participants optimise energy portfolios and leverage production flexibility. 

Accessible to companies with a minimum of 0.1 MW, Etpa ensures a level playing field with competitive pricing and automated solutions, providing liquidity to the short-term market. 

In November, Etpa secured €5.5M in funding to expand its product suite and internationalise in Europe. The company is hiring for various roles. Interested candidates can explore the open positions here.

Orbio Earth

Orbio Earth uses satellite imagery to monitor methane emissions from the oil and gas industry. The company provides data to oil and gas firms and financial companies seeking to invest in high-performing energy assets. 

In March, the company closed its $4M seed round, with backing from Initialized Capital, Y Combinator, the European Space Agency, Leap Forward Ventures and angels JJ Fliegelman and Liz Wessel. Orbio Earth is also currently hiring.

Watermeln

Watermeln provides temporary green electricity to locations with no or limited grid access, such as festivals, construction sites, and loading docks. Its rental fleet includes three WM-200 units, each with a 200 kW capacity.

In August, the company secured €3.5M from the Amsterdam Climate and Energy Fund (AKEF) and BEEQUIP. Currently, Watermeln is looking to hire a full-time Operations Associate.

Renewaball

Renewaball claims to produce the world’s first circular tennis and padel balls made from collected used balls in Europe. Its felt layer is made of wool and a small amount of cotton, while traditional balls use wool, nylon, and polyester.

In April, the company secured over €3M in a fresh round of funding led by Rubio Impact Ventures.

SeaO2

SeaO2 has developed electrochemical technology to extract CO2 from seawater, which can be stored or reused. This process returns carbon-free water to the ocean, enhancing its capacity to absorb atmospheric CO2 and helping mitigate climate change. 

In November, SeaO2 secured over €2M in a funding round and is currently hiring for various roles. Check them out here.

Brineworks

Brineworks is an early-stage startup developing technology to convert waste brines into drinkable water and value-added minerals, such as fertilisers and carbon-negative construction materials, while removing CO2 from the atmosphere. 

The company aims to scale its technology to address global water scarcity and climate change. In September, Brineworks secured $2.2M (€2M) in funding led by VC firm Pale blue dot, and is currently hiring.

Solaq

Solaq develops Air-to-Water technology to provide a sustainable water source by extracting water from the air. Its solar-powered system uses heat, rather than electricity, to produce water, making it cost-effective and functional in dry regions like deserts. 

The system operates independently without infrastructure or grid connectivity, offers remote monitoring, and produces continuous water 24/7. It ensures the production of pure, safe drinking water without toxic materials and generates zero waste, promoting an environmentally friendly solution for water purification.

In November, Solaq secured €1.4M in a pre-seed investment round.

Sirius Technologies

Sirius Technologies is a cleantech startup focused on the metals and mining sector. It offers an AI-driven “sustainability twin” to improve sustainability data management for companies in the industry. With expertise in metals, mining, and advanced computing, Sirius aims to address sustainability challenges within the sector.

Earlier this year, in January, Sirius Technologies secured €1.2M in funding.

Prêts

Prêts aims to make sustainable home improvements accessible and financially neutral for homeowners. It offers financing solutions that ensure energy-efficient upgrades do not increase monthly bills, aligning investment costs with energy savings.

In June, the company raised €1M in funding to make sustainable home technologies like heat pumps and solar panels more accessible.