Pomegra
Stockholm-based Green Voltis closed a €13.5M Series A in 2026 to run battery storage on European power markets and extend into AI data centers.
Key Takeaways
- Green Voltis raised a €13.5M Series A; Lochpine Capital, a CATL-backed fund, was the sole investor.
- The company has 1.2+ GWh of storage under contract or operation, with market access in 10 European countries.
- Part of the money funds "Power-to-Compute", with about 120 MW of powered land in the Nordics.
Lead
Green Voltis, a Stockholm energy-tech company founded in 2024, has raised €13.5M in a Series A round. Lochpine Capital took the whole round. It is an asset management platform founded by Chinese battery maker CATL. The company has not disclosed a valuation.
Green Voltis builds software that decides when a grid-connected battery charges, discharges and sells power. It says more than 1.2 GWh of storage is now under contract or in operation. The new capital goes to product development, expansion in European markets and a push into data center power supply.
What Does Green Voltis Actually Do?
Green Voltis operates as a route-to-market optimiser: it trades the output of battery storage and renewable plants on behalf of their owners. Two products carry the business. Chronos is an energy management system that controls the battery and keeps it within technical grid requirements. Aether AI is a trading agent that forecasts electricity prices and combines the revenue options a given market offers.
The model targets standalone batteries and co-located solar or wind plus storage. Asset owners typically want predictable returns without building a trading desk. Green Voltis says its returns have consistently beaten the Clean Horizon benchmark index, a claim the company makes itself and one the round does not independently verify.
CEO and co-founder Martin Kievit built the platform with co-founders Ali Shi and Gino Zhang. The team includes people from Huawei, Ericsson, T-Mobile, Rolls-Royce and Varberg Energi. An earlier angel round came from Unity Ventures.
Who Is Lochpine Capital, and Why Does Its Role Matter?
Lochpine Capital is a CATL-founded fund that backs companies in green batteries, renewable energy and related industrial sectors. A single-investor Series A is unusual. It gives Green Voltis a strategic shareholder close to one of the world's largest battery manufacturers, and it means no outside lead set a price through competition.
That cuts both ways. A cell maker's investment arm has a clear interest in more batteries being deployed and monetised, which is the outcome Green Voltis sells. It also raises a question about neutrality: asset owners choosing an optimiser will want assurance that dispatch decisions do not favour any one hardware supplier. The company has not addressed that point publicly.
What Is Power-to-Compute?
Power-to-Compute is Green Voltis's plan to apply battery-control software to data center energy demand. The company has secured about 120 MW of developed or earmarked powered land in Scandinavia. The aim is to match data center load to what the grid can actually deliver.
The logic follows a real constraint. Data centers need power faster than many grids can connect it. A site that pairs storage with software able to shape its draw can, in principle, start operating sooner and avoid peak-price exposure. Kievit has framed it this way: the technology that controls battery systems could in future also coordinate the energy needs of large data centers.
Shi has put the thesis in sharper terms, arguing that AI is moving from general capabilities toward industry verticals and that the limiting factor is energy.
How Big Is the Opportunity, and What Are the Risks?
The core trading business operates in a crowded field. European battery optimisation already includes established energy traders, utilities and a growing set of software startups. Revenue depends on price volatility, which shifts with market rules, interconnection and the pace of new storage coming online. More batteries can compress the very spreads that optimisers capture.
The data center leg is earlier and less proven. 120 MW is a modest footprint next to hyperscale campuses, and the company has disclosed no named customers, tenants or grid connection dates for those sites. Executing a land-and-power development business alongside a trading platform requires different skills and capital than the €13.5M round alone is likely to cover.
What Comes Next for Green Voltis?
The next milestones are likely to be visible in three places: additional countries added to the 10 where it already has market access, growth beyond 1.2 GWh, and the first confirmed data center tenant or offtake arrangement. A follow-on round would probably need a valuation, and that is where the single-investor structure will be tested.
Competitors in battery optimisation will watch whether a hardware-affiliated fund backing makes Green Voltis a more attractive partner for storage developers or a less neutral one. For now, the company has money, a stated pipeline of power sites and a trading product with a track record it describes as ahead of benchmark.
Outlook
Green Voltis enters its Series A year with 1.2+ GWh under management, a CATL-linked sole investor and a plan to carry battery software into AI infrastructure. The trading business is the proven part; Power-to-Compute is the bet. Valuation, customer names and data center timelines remain undisclosed, and those details will show how much of the pitch converts into revenue.
