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Based in Zurich, Switzerland, Exnaton develops an artificial intelligence software as a service platform that enables utility companies to offer local energy sharing, dynamic tariffs, and intelligent electric vehicle charging. The company's technology processes smart meter data to facilitate peer to peer renewable energy trading within communities and simplify complex billing processes for prosumers. Operating with a workforce of 21 to 50 employees, the enterprise currently serves over 50 utility providers across five countries, reaching a broader network of more than 10 million metering points. Exnaton operates as an official SAP partner and has secured financial backing from prominent venture capital firms including True Ventures, 4impact capital, Elevator Ventures, and Übermorgen Ventures. Originally developed from a joint university research project, the ETH Zurich spin-off was officially founded in 2020 by Liliane Ableitner, Arne Meeuw, and Anselma Wörner.
Exnaton has raised $10.0M across 1 funding round.
Exnaton has raised $10.0M in total across 1 funding round.
Exnaton has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series A in October 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 24, 2025 | $10M Series A | Yasmin Venema, Magdalena Chalas | True Ventures, Übermorgen Ventures | Announced |
Exnaton has raised $10.0M in total across 1 funding round.
Exnaton's investors include Yasmin Venema, Magdalena Chalas, True Ventures, Übermorgen Ventures.
