4impact capital and Elevator Ventures co-lead round in exnaton to drive energy transition

exnaton, a Swiss software company developing an AI-driven intelligence platform for utilities, has raised a Series A round to accelerate its European expansion and to deepen customer partnerships. The round was co-led by 4impact capital and Elevator Ventures, with participation from existing investors True Ventures and Übermorgen Ventures. 

The firm’s technology sits at the intersection of digitalization, helping utilities launch smart, data-driven sustainable energy solutions quickly and efficiently. As the energy sector becomes more decentralized, intermittent, and complex, exnaton enables utilities to turn shifting customer expectations, regulatory challenges, and digitalization into growth opportunities, all without costly IT overhauls. The new funding will be used to accelerate international expansion and further develop AI-driven features within its intelligence platform. 

Complex data analysis for the energy transition

exnaton’s modular white-label SaaS intelligence platform allows utilities to rapidly create and deploy sustainable energy products—including dynamic tariffs, energy sharing models, and smart EV charging—while seamlessly integrating with existing ERP systems. By leveraging AI, the platform automates complex processes across billing, energy consumption and production data analysis, to reduce operational costs, increase efficiency, and improve customer experience and engagement.  

Today, over 50 utilities spread across Europe rely on exnaton’s technology to bring flexibility, transparency, and innovation to the new energy system. This includes clients such as TotalEnergies in Belgium, eprimo and Bayernwerk (E.ON brands) in Germany, as well as Burgenland Energie in Austria — together driving the digital transformation of Europe’s energy sector.

A partnership built on innovation and impact

Founded by Liliane Ableitner, Arne Meeuw, and Anselma Wörner, exnaton combines cutting-edge research from ETH Zürich, the University of St. Gallen, and TUM with deep industry expertise to empower utilities with digital tools for a cleaner, smarter grid.

By joining forces with 4impact capital and Elevator Ventures, exnaton strengthens its capacity to scale its intelligence platform across Europe.

Investors supporting international growth

“AI is transforming the way we manage energy”

Says Anselma Wörner, Co-founder and COO of exnaton.

“With this funding, we will accelerate our go-to-market strategy, enhance our customer-facing operations, and make our software even smarter, from fine‑grained personalized billing to intelligent management of decentralized flexibilities. Our goal is to build user‑friendly products that make investing in renewables so compelling that everyone participates and helps drive the transformation our society urgently needs.”

“exnaton’s platform is a key enabler of the digital energy transition. By combining deep research expertise with strong execution, the team has built technology that empowers utilities to innovate faster, operate more efficiently, and accelerate decarbonization. We are proud to support Liliane, Arne, and Anselma as they scale their impact across Europe.”

says Yasmin Venema, Principal at 4impact capital.

“At Elevator Ventures, we recognize the role of energy communities and prosumers as a key trend shaping the future of the energy sector. We are glad to back a talented team through our investment in exnaton, that will drive innovation in flexible billing solutions for decentralized energy ecosystems. We are sure that their expertise will be essential in supporting the next generation of real-time energy management,”

states Magdalena Chalas, Investment Manager at Elevator Ventures.

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