Nomos Raises €20M for Distributed Energy
Berlin-based Nomos has raised €20 million to connect household batteries, solar systems, EVs and heat pumps to electricity markets.
Europe already has millions of batteries, solar systems, electric vehicles and heat pumps. Nomos has raised €20 million to make those assets behave more like a coordinated energy network.
What happened
The Berlin-based company's round was led by Index Ventures, with founders from Bolt, UiPath and Nord Security also participating.
Nomos connects distributed household energy assets to electricity markets. It also provides infrastructure that lets installers and other energy companies offer power products under their own brands.
Why it matters
A household battery has value beyond storing cheap electricity for later use. When aggregated across thousands of homes, distributed assets can provide flexibility to the wider grid.
The problem is connecting hardware, market rules, billing and software across fragmented European energy systems.
The bigger picture
Electricity is becoming increasingly software-defined. As more generation and storage moves behind the meter, utilities and grid operators need ways to coordinate assets they do not directly own.
Companies like Nomos are building that orchestration layer. The opportunity grows as renewables increase price volatility and as electrification creates more flexible demand that can be shifted around the day.