Lund, Sweden · Founded 2020 · Privately Held (backing)
Developer of a white-label platform designed to help mid-sized electricity utilities manage and monetize behind-the-meter demand flexibility. Emulate Energy is based in Lund, Sweden and was founded in 2020. Its last reported valuation was $270 million in Apr 2025. It has raised $10.8 million.
Last reported valuation
$270.4M
Oct 2026
Priced at
—
Total raised
$10.8M
Last round
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Cap table — not yet on record
Emulate Energy's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.
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·The complete investor list: 19 names
·Watch Emulate Energy: the Monday email on marks, rounds and moves
