About Better Energy
Better Energy is an Energy & Utilities company based in Frederiksberg (Denmark) founded in 2012. Large-scale solar power plants are developed, financed, and operated. It operates on a Green Energy-as-a-Service model. Better Energy has raised $33.45 million across 5 funding rounds from investors including ATP, PCP and Transitionfund. The company has 364 employees. Better Energy was last valued at $183.44 million in December 2019. Better Energy offers products and services including Green Energy Solutions. Its focus areas include Energy, Renewable Energy and Green Energy Solutions. Its legal entity is Better Energy Group. Its competitors include Nordic Solar Energy, GreenGo Energy and Frontier Energy; 2 of its 3 listed competitors have raised funding.
Company details
Green energy solutions are offered by Better Energy to support companies in achieving sustainability targets. Services are extended across various sectors including data centers, consumer goods, healthcare, manufacturing, and transport. Renewable energy parks and projects are developed to facilitate the green transition. Collaboration with stakeholders such as companies, communities, authorities, and investors is emphasized to drive long-term environmental impact and transparency in electricity costs.
- Headquarters Frederiksberg, Denmark
- Employees 364
- Stage Minicorn
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website betterenergy.com
- Social LinkedIn X Facebook
- Legal Name Better Energy Group
- Net Profit-$477.2 (USD)-300100as on Dec 31, 2021
- Total Equity Funding$33.45M (USD)
in 5 rounds
- Latest Funding Round$192.96M (USD), Debt – Conventional
Dec 2023
- InvestorsATP
& 4 more
- Employee Count364
Products & Services of Better Energy
Better Energy offers a comprehensive portfolio of products and services, including Green Energy Solutions.
Green energy is provided for sustainability and cost transparency.
Funding Insights of Better Energy
Better Energy has successfully raised a total of $33.45M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $192.96 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $33.45M
- Total Rounds 5
- Last Round Debt – Conventional — $192.96M
- First Round $110.2M
(Mar 2019)
- Investors Count 5
All 5 funding rounds of Better Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $192.96M | Debt – Conventional | – | – | |
| Dec 2022 | Series D | – | ATP | – | |
| Dec 2019 | $33.45M | Series C | $183.44M | Omnes Capital | – |
| Apr 2019 | $89.53M | Debt – Conventional | – | – | |
| Mar 2019 | $110.2M | Debt – Conventional | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2019 | $183.44M | •••••••• |
Last known valuation $183.44M (Dec 2019). 5 investors in total: 5 institutional.
Investors in Better Energy
Better Energy has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include ATP, PCP and Transitionfund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on energy transition and sustainable investments across Europe. | omnescapital.com | |||
A family office is operated across Nordic and European regions. | proventus.se | Stockholm, Sweden | ||
Provider of private credit solutions | 2002 | pcapital.se | Stockholm, Sweden | |
| transitionfund.tcc.mode | ||||
Pension fund services are provided to Danish workers and retirees. | 1964 | atp.dk | Hillerod, Denmark |
Investor details for Better Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Better Energy
42 people are tracked at Better Energy (18 in leadership, 1 in board & advisors, 23 in team); the tracked headcount is 364.
| Name | Role | Group |
|---|---|---|
Rasmus Lildholdt Kjær | CEO | Leadership |
Mie Schmidt Hansen | Director Of SPV Management | Leadership |
Jørgen Heine Rasmussen | Director, Hv/mv Grid Connections | Leadership |
Christian Bergmann Mølgaard | Vice President Head Of Communications | Leadership |
Kevin Wilkinson | Chief Operating Officer | Leadership |
Jesper Damm Hansen | Director Of Logistics | Leadership |
Michelle Laramie Lund | Executive Vice President, Communications & Sustainability | Leadership |
Helle Nørgaard Jensen | Senior Director Legal Counsel Lawyer | Leadership |
Ho Kei Au | Chief Legal Officer - Lawyer | Leadership |
Thor Möger Pedersen | Chief Commercial Officer CCO | Leadership |
Flemming Meineche | Head (vp) Of Debt Partnerships & Structuring | Leadership |
Ann-Marie Frydendal Sørensen | Director Project Development | Leadership |
Mikkel Nyhold Bruncke | VP Of Operations And Maintenance | Leadership |
Maria Josephine Amstrup | Director, Head Of Legal M&a | Leadership |
Allan Hønholt Jensen | EPC Portfolio Director | Leadership |
Torben Lundager | Construction Director, Sweden | Leadership |
Jonas Jensen | Senior Director Of Project Development | Leadership |
Mark Augustenborg Ødum | Executive Vice President, Partnership | Leadership |
Michael Pollan | Director | Board & advisors |
Ewa Waryń | Commercial Asset Management | Team |
22 more people are available in the full profile.
Complete people profiles for Better Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Better Energy
4 dated milestones of Better Energy across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Better Energy is founded.
- Funding First funding round of $110.2M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional, of $193.0M.
Competitors of Better Energy
Better Energy has 3 listed competitors in our database, 2 of them funded. They include Nordic Solar Energy, GreenGo Energy and Frontier Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nordicsolar.eu | 2010 | Hellerup, Denmark | $36.52M | 152 | Energy services including electric and natural gas distribution are provided. | |
| greengoenergy.com | 2009 | Copenhagen, Denmark | $2.16M | Renewable energy is supplied directly via rooftop solar installations. | ||
| frontier.dk | 2011 | Copenhagen, Denmark | 10 | Investments are made in Sub-Saharan African renewable energy projects. |
Detailed competitors of Better Energy
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Web traffic of Better Energy
The website of Better Energy (betterenergy.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▼ 58.6% vs previous month
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Frequently Asked Questions about Better Energy
Better Energy was founded in 2012 and raised its 1st funding round 7 years after it was founded.
Better Energy is headquartered in Frederiksberg, Denmark.
Better Energy is a funded company, having raised a total of $33.45M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $110.2M, raised on Mar 2019.
Better Energy has 364 employees.
Green energy solutions are offered by Better Energy to support companies in achieving sustainability targets. Services are extended across various sectors including data centers, consumer goods, healthcare, manufacturing, and transport. Renewable energy parks and projects are developed to facilitate the green transition. Collaboration with stakeholders such as companies, communities, authorities, and investors is emphasized to drive long-term environmental impact and transparency in electricity costs.
Better Energy's top competitors include Nordic Solar Energy, Frontier Energy and GreenGo Energy.
Better Energy offers Green Energy Solutions.
Better Energy has 5 investors. Key investors include ATP, PCP, Transitionfund, Omnes Capital, and Proventus.
The valuation of Better Energy is $183.44M as of Dec 2019.
Better Energy operates through Better Energy Group.