Darmstadt, Germany-based etalytics, a company specialised in AI-driven energy intelligence, on Tuesday announced that it has secured €8M funding in a Series A funding round led by Alstin Capital.
Other investors, including ebm-papst as co-lead and TF H IV Technologiefonds Hessen GmbH & Co. KG (a fund managed by Beteiligungs-Managementgesellschaft Hessen mbH (BM H)), also participated in the round.
Fund utilisation
The funding will enable the German company to accelerate its expansion and the adoption of sustainable energy solutions across critical sectors such as data centres, healthcare, automotive, and more, particularly in systems like cooling, heating, and ventilation.
Additionally, the company will use the funds to enhance its flagship product etaONE.
Partnership with ebm-papst
In addition to the investment, etalytics has partnered with ebm-papst, a company specialised in energy-efficient technology.
Klaus Geißdörfer, CEO of the ebm-papst group, says, “With our strategic investment in etalytics, we are taking another important step towards a more climate-friendly future. With the help of our efficient EC fans, we have already been able to reduce the CO2e footprint in numerous
customer applications. By combining our fan technology with etalytics’ AI systems, we will reduce our customers’ energy consumption and greenhouse gas emissions even further.”
This collaboration will boost etalytics’ market reach and drive innovation in research and development, accelerating the deployment of advanced energy solutions across various industries.
etalytics: Help businesses optimising energy
Founded in 2020 and led by Dr. Niklas Panten, etalytics specialises in AI-driven solutions that help businesses globally optimise energy consumption, reduce costs, and minimise their environmental impact.
The company’s flagship product — etaONE, offers real-time insights and predictive analytics, enabling industries—including data centres, chemical, pharmaceutical, and automotive—to implement effective control strategies and make informed energy decisions.
Explaining the USP of etalytics’s solution to Silicon Canals, Dr. Niklas Panten, CEO and co-founder, says, “etalytics enhances its AI-driven energy management solutions with a unique hybrid approach that combines AI and physical model predictive control through digital twin technology. This integration allows for extremely robust analysis and optimisation of critical infrastructure, distinguishing etaONE in the market.”
According to Panten, the hybrid model enables precise simulations and real-time adjustments, ensuring operational safety and energy optimisation are maintained without interrupting essential services.
In addition to predicting and optimising energy use, etaONE adapts easily to changing conditions, making energy management more reliable and effective.
By mirroring real-world infrastructure, the company’s digital twins provide actionable insights that enhance operational efficiency and asset longevity.
Moreover, etaONE fully supports ISO 50.001 standards for energy management.
“We try to align our solutions with international standards like ISO 50.001, ISO 27.001, or SOC2. Tailoring our technology to industry-specific requirements, we employ experts and form partnerships with local compliance specialists to ensure our software meets all legal mandates,” says Panten.
Going beyond energy management
Etalytics’ AI technology, while primarily focused on energy management, has significant potential to impact a broad array of sectors and operational areas, says Panten.
At etalytics, the team focuses on optimising energy systems to improve energy supply quality and the efficiency of energy management teams.
Beyond the core areas, the company is also engaged in predictive maintenance and environmental monitoring, assisting businesses in complying with environmental regulations.
“Our engagement extends into advanced research projects aimed at resource efficiency. One such project explores predictive process quality analytics to reduce energy demand and CO2 emissions, minimising scrap during production phases. This not only aids in sustainable manufacturing but also boosts overall resource management,” he says.
“Furthermore, the flexibility of our platform allows for its application in other data- and physical model-driven analysis and control optimisation scenarios, such as refining production processes,” he adds.
Business model and revenue growth
Etalytics employs a streamlined business model centred around its SaaS offerings.
“Clients can access the etaONE platform on-premises or hosted in the cloud, tailored to their specific needs. We also provide various add-ons like our etaMIND AI services for enhanced control optimisation. This flexible model equips clients with advanced tools for effective energy management and optimisation,” reveals Panten.
On the revenue growth, the German company is aiming to increase its ARR tenfold over the next two years.
“Based on our plans to significantly expand services following successful proof of value with major enterprises, etalytics is projecting to increase its annual recurring revenue (ARR) tenfold over the next two years. This ambitious growth target reflects the strong market validation and demand for our solutions, indicating a very optimistic outlook for rapid expansion and increased market penetration,” concludes Panten.
Currently, etalytics works with various companies in data centres, chemical, pharmaceutical, and automotive industries. Some of the notable clients include Equinix, Digital Realty, NTTData, and Volkswagen.
As per the company’s claims, the customers have seen significant, to some extent up to 50 per cent, reduction in power consumption for cooling, heating, and ventilation systems, which translates into considerable cost savings and reduced carbon footprints.
The investor
Alstin Capital is an independent early-stage venture capital fund based in Munich. Its investment activities focus on fast-growing (B2B) technology companies in the DACH region and Europe, primarily in the Seed and Series A phases.
Dr. Andreas Schenk, Principal at Alstin Capital, says, “etalytics provided the much-needed solution for sustainable, effective, and future-oriented energy management in the industry. We were particularly impressed by the fact that the AI-based software analyses all components in an operation and independently adapts to external conditions (temperature, energy prices). It was also crucial for us that the complex reporting requirements of the Energy Efficiency Act for data centres are considered. We are very proud to accompany and support the experienced etalytics team on this journey.”
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