Suena GmbH, established in 2021 in Hamburg, Germany, specializes in optimizing energy trading through advanced software solutions for battery storage systems and renewable energy sources. The company develops sophisticated trading platforms that enhance the profitability of energy storage assets while supporting the transition to sustainable energy. Their expertise spans multiple energy markets, including wholesale, Frequency Containment Reserve (FCR), and automatic Frequency Restoration Reserve (aFRR). Through predictive analytics and automated trading strategies, Suena helps asset owners maximize returns while maintaining grid stability.
Battery Technology
Suena’s flagship product, the Autopilot platform, represents an innovative approach to battery storage optimization. This software solution processes millions of data points in real-time to make informed trading decisions across various energy markets. The technology incorporates digital twin modeling, which considers battery degradation patterns and performance characteristics to enhance system longevity and efficiency.
The platform’s capabilities extend to both standalone and co-located battery installations. For standalone systems, it optimizes trading strategies to maximize revenue potential across multiple markets. In co-located installations, where batteries are paired with solar or wind power sources, the software manages limited grid connections effectively, ensuring optimal resource utilization.
Suena’s technology stands out through its ability to generate probabilistic price forecasts using statistical models, enabling precise market predictions. The platform automatically adjusts trading strategies based on market conditions, weather forecasts, and energy demand patterns, providing a fully automated solution for battery asset management.
Recent Projects
In early 2024, Suena successfully closed a €3 million seed funding round, marking a significant milestone in the company’s growth. This funding supports the expansion of their Autopilot software across European markets, including Germany, the UK, Belgium, Netherlands, and Spain. The company has initiated several pilot projects demonstrating the effectiveness of their trading optimization technology in real-world applications.
Investors
Suena’s growth is supported by a strong investor base, including the Santander InnoEnergy Climate Fund and Smart Energy Innovationsfonds of Energie 360°, who co-led the recent seed funding round. Additional backing comes from EIT InnoEnergy, Raakwark Kaptaal, and several business angels. This diverse group of investors brings not only capital but also strategic expertise in energy markets and technological innovation.
Business Details
Location: Hamburg, Germany
Website: https://suena.energy
LinkedIn: https://www.linkedin.com/company/71943441
