Yunqi Capital | European Virtual Power Plant Company "Green Voltis" Closes Nearly $10 Million Angel Round, Yunqi Capital Participates

European virtual power plant (VPP) company Green Voltis recently announced the completion of a nearly $10 million angel round, with Yunqi Capital participating in the investment.

Green Voltis's core team hails from top-tier companies across Europe and China, bringing years of experience in international expansion and the global energy sector. From its inception, the company has focused on AI-native VPP aggregation and operations for the European market. This funding round will be directed toward AI-native VPP technology innovation and market expansion.

In this edition of Yunqi Capital, we take a closer look at Green Voltis and the details of this financing round.

Feng Yao, Managing Director at Yunqi Capital, commented: "Yunqi has always focused on investing in high-tech innovative companies that can drive industry progress. Green Voltis leverages AI-native technology to not only fundamentally transform traditional energy management models but also to bring intelligence into VPP operations, achieving more precise and efficient power dispatch. This technology-driven solution enhances energy use efficiency while providing solid support for the green transition. We believe Green Voltis's innovations will continue to catalyze profound change in the energy industry and help advance the world toward a sustainable future."

The following content is adapted from 36Kr.

Recently, European VPP company Green Voltis announced the successful completion of an angel round totaling nearly $10 million. The round was led by Qiming Venture Partners, with Yunqi Capital and Unity Ventures also participating. The proceeds will be primarily used for AI-native VPP technology innovation and market expansion.

Green Voltis is an AI-native VPP aggregation operator focused on the European market. Through AI-native technology for power spot trading and grid ancillary services, it provides intelligent, high-efficiency flexibility trading and operations solutions for power market participants including energy storage asset owners, commercial and industrial customers, and electricity sales agents. Additionally, Green Voltis assists its deep partnership infrastructure investment funds with European project development and asset investment.

01

Virtual Power Plants:

A "Smart Brain" Managing Power Resources

As the global energy system shifts toward low-carbon and renewable sources, grid stability and efficiency face new challenges. Grid ancillary services and power spot trading continue to evolve, representing the most system-efficient means of rebalancing generation and load curves at different stages — while also raising the bar for new energy asset operations, particularly energy storage.

A virtual power plant is a novel model for aggregating power resources. Through software platforms and algorithmic strategies, it connects distributed new energy resources such as solar and wind, along with loads like EV charging stations and heat pumps, and storage devices — enabling power trading operations, enhancing asset value, and thereby objectively promoting the sustainable development of renewable energy.

A VPP functions like an intelligent brain. Unlike a traditional power plant, it has no smokestacks or massive turbine units. Instead, it is a platform that uses advanced technology to aggregate energy resources distributed across various locations for intelligent management and dispatch. Its core lies in flexibility and efficiency. It plays three critical roles in the power system:

First, as a provider of grid ancillary services (including frequency regulation, voltage regulation, etc.), helping maintain grid balance and stability. Second, participating in power spot markets to generate revenue through accurate price forecasting and trading. Third, in balancing markets, ensuring precise short-term matching of power supply and demand, helping generators and retailers avoid penalties from supply-demand imbalances.

Currently, Europe's energy structure is accelerating its shift toward renewables. The intermittency and instability of these sources demand more flexible grid management approaches. Additionally, European countries have strong environmental consciousness, with policies actively promoting green energy use. The closure of nuclear plants and reduced reliance on fossil fuels further increases demand for renewables. Compounding these factors, spot market price volatility in Europe is intensifying, and electricity retailers are rapidly shifting from long-term contract-based procurement toward spot trading.

02

AI-Native Technology Driving

Efficient Energy Use and Management

According to a Green Voltis team representative, while frequency regulation revenues remain highly attractive in certain European regions today, the future value created by energy storage will increasingly come from real-time multi-market optimization across ancillary service markets — frequency regulation, capacity, balancing — and spot trading markets.

From its earliest days in Europe, the Green Voltis team has built its solution on an AI-native platform architecture with real-time multi-market optimization as its core objective.

From a business model perspective, Green Voltis's operations center on providing VPP services. The company uses software and artificial intelligence to manage and optimize front-of-meter and behind-the-meter new energy assets such as energy storage systems and generation equipment. It participates in power markets, generating economic returns through spot trading and balancing market operations, while providing essential ancillary services to the grid.

"Green Voltis does not directly own power assets. Instead, we partner with site owners, sharing revenue through the provision of high-efficiency operations services. In short, Green Voltis uses technology-driven services to optimize power resource management, participate in market trading, and share success with our partners. We have also begun substantive cooperation with infrastructure funds holding European new energy assets, jointly developing new energy projects. While these involve longer cycles, such projects offer higher long-term yields and shareholder returns," said a Green Voltis representative.

On the team front, Green Voltis's core members come from leading companies in Europe and China. The company has assembled a seasoned, fully formed team with deep expertise in energy trading and algorithm development, backed by experience at top-tier tech giants. With years of international expansion and global energy sector experience, the team possesses a profound understanding of entry requirements and power market trading products across European countries.