Antwerp-based LIFEPOWR has secured €5.65M to expand its energy platform and strengthen its role in energy markets.

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Antwerp-based LIFEPOWR, an energy tech company, has raised €5.65M in growth capital to support expansion in Europe. The round was led by Noshaq and SPDG, with participation from ROM InWest and existing shareholders.

The company develops technology that links solar systems, batteries, EV chargers, and other local energy assets into Virtual Power Plants. These networks help lower CO2 output, reduce energy costs, and support grid stability.

Jan Fredriks, Investment Manager at ROM InWest, says, “At ROM InWest, we back ventures that accelerate the energy transition through scalable, data-driven innovation. LIFEPOWR’s platform embodies this perfectly — combining smart technology with tangible impact. We’re proud to support their expansion into the Dutch market and beyond, as they help build a more flexible and resilient European energy system.”

LIFEPOWR currently employs 33 team members and plans to use the new capital to scale its platform and increase its presence, starting with the Netherlands and other key European regions.

Capital utilisation

LIFEPOWR will direct its new capital toward the shift from one-directional energy supply to a system in which power moves between large plants and widespread small assets such as solar units, batteries, EV chargers and heat pumps. 

The company plans to expand the reach of its FlexiO platform, which links these assets and supports coordination between households, firms and energy providers. FlexiO adjusts consumption, generation and storage to match periods of high or low supply, which lowers energy costs and eases pressure on the grid.

The funding will also support the growth of Energy Management Software (EMS+). The company’s system for controlling energy flows across connected assets. EMS+ manages when energy is taken from the grid, when it is produced on-site and when it is stored, creating opportunities for revenue both behind the meter and in energy markets. 

In addition, LIFEPOWR will strengthen its role in flexibility aggregation and Balancing Service Provider operations. Through these activities, prosumers gain access to market participation and can earn income from available capacity.

Dries Bols, CEO of LIFEPOWR, says, “We are reshaping the way prosumers interact with the energy markets. The results? They pay less for energy and balance the system. Together, we accelerate decarbonisation and the path to lower energy fees. It’s a win-win for everyone.”

Currently, LIFEPOWR oversees more than 22,000 assets and works with a network of resellers, white-label partners and energy providers that use the FlexiO platform in their own services.

Bols adds, “This investment is a powerful vote of confidence in our mission to make energy smarter, simpler, and more rewarding for everyone. With the support of Noshaq, ROM InWest, and SPDG, we’re scaling faster and helping Europe accelerate its clean energy transition.”

What do the investors have to say?

Nicolas Biet, Investment Manager at Noshaq Energy, says, “LIFEPOWR stands at the crossroads of digital innovation and the energy transition — two areas at the heart of Noshaq’s investment strategy. Their scalable platform and proven market traction demonstrate how technology can unlock the potential of residential flexibility while contributing to a smarter, more resilient energy system.”

“Beyond capital investment, our support aims to help LIFEPOWR accelerate its expansion into French-speaking markets and build bridges with some of our portfolio companies. We also see LIFEPOWR as a potential powerful decarbonisation tool for businesses — including those within our own ecosystem — enabling them to actively participate in a more sustainable and flexible energy future.”

Noshaq is an investment fund and project developer based in Liège with a portfolio of 478 companies. The group works across six focus areas, including energy, and aims to support decarbonisation efforts in its region. It has built multiple financing tools that match market needs and its own strategy, offering support based on the requirements of each entrepreneur-investor.

Jean-Nicolas of SPDG adds, “As an early supporter of LIFEPOWR, we’re proud to continue this growth journey with a team that combines deep technological expertise with a clear vision for accelerating the energy transition. LIFEPOWR’s solution has the potential to leverage flexibility at scale and become a cornerstone of tomorrow’s energy system.”

SPDG is the Périer-D’Ieteren family enterprise. Its growth equity arm, SPDG Growth, invests in companies and projects involved in the energy transition, infrastructure, mobility and circular economy activity.