byMediaBoost

SnerpaPower

Raised $3.9M in a Seed round, announced 19 August 2026.

Round

SnerpaPower secured €3.4 million, including a €3 million seed investment, to accelerate European expansion.

Amount
$3.9M
Stage
Seed
Announced
19 August 2026
Lead
Encevo
Other investors
Crowberry Capital, BackingMinds
Use of funds
Accelerate its European expansion and expand its platform throughout Europe.
Checked
Amount and date matched across 2 press sources

Company

Develops energy management software for power-intensive industrial companies

Based in
Reykjavík, Iceland
Founded
2022
Sector
Climate & Energy
Website
snerpapower.com ↗

Founders

  • Íris Baldursdóttirchief executive and co-founder
  • Eyrún Linnetco-founder

Sources and links

Sources
Reykjavik’s SnerpaPower lands €3.4 million to help power-intensive industries turn electricity into a competit eu-startups.com
Female-founded SnerpaPower raises €3.4M to expand its grip on Europe’s industrial electricity techfundingnews.com
Website
snerpapower.com ↗
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