About Depsys
Depsys is an Energy & Utilities company based in Puidoux (Switzerland) founded in 2012, and was acquired by Octopus Energy Group in November 2022. Electricity supply services are provided by Depsys in Switzerland. Depsys has raised $18.4 million across 13 funding rounds from investors including BNP Paribas, Octopus Energy Group and European Union. Depsys offers products and services including Energy Management Software and Grid Optimization Services. Its focus areas include Energy, Utilities, Utility Supplier and Electricity.
Company details
Depsys was established in 2012 in Puidoux, Switzerland, within the energy sector. Electricity is supplied to various customers through established distribution networks. Operations are centered on reliable power provision for residential and commercial needs. The company maintains its headquarters in Switzerland, focusing on local infrastructure and regulatory compliance in utilities. Additional details are accessible via depsys.com.
- Headquarters Puidoux, Switzerland
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website depsys.com
- Social LinkedIn X Facebook
- Acquired by Octopus Energy Group (Nov 2022)
- Legal Name Depsys
- Total Equity Funding$18.4M (USD)
in 13 rounds
- Latest Funding Round$201.54K (USD), Grant
May 2022
- InvestorsBNP Paribas
& 5 more
- Acquired byOctopus Energy Group
(Nov 2022)
Products & Services of Depsys
Depsys offers a comprehensive portfolio of products and services, including Energy Management Software and Grid Optimization Services.
Software is developed for managing energy resources in smart grids
Services are offered for improving grid performance and efficiency
Funding Insights of Depsys
Depsys has successfully raised a total of $18.4M across 13 strategic funding rounds. The most recent funding activity was a Grant round of $201.54 thousand completed in May 2022. 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 $18.4M
- Total Rounds 13
- Last Round Grant — $201,542
- First Round $3.15M
(Jun 2016)
- Investors Count 5
Latest 10 of 13 funding rounds of Depsys 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 |
|---|---|---|---|---|---|
| May 2022 | $201,542 | Grant | – | – | |
| Jun 2021 | $248,784 | Grant | – | – | |
| May 2021 | $229,780 | Grant | – | – | |
| Dec 2020 | $245,219 | Grant | – | – | |
| Oct 2020 | $223,756 | Grant | – | – | |
| Feb 2020 | $61,244 | Grant | – | – | – |
| Jul 2019 | $215,752 | Grant | – | – | – |
| Feb 2019 | $13.17M | Series B | – | BNP Paribas, SET Ventures | |
| Sep 2018 | $203,838 | Grant | – | – | – |
| Jan 2018 | $2.08M | Series A | – | VNT Management |
6 investors in total: 6 institutional.
Investors in Depsys
Depsys has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include BNP Paribas, Octopus Energy Group and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward early-stage energy system companies. | setventures.com | Amsterdam, Netherlands | ||
Venture capital firm investing in tech sectors | statkraftventures.com | Dusseldorf, Germany | ||
VNT Management is engaged in venture capital for sustainable innovation. | 2003 | vntm.com | Tampere, Finland | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Banking & financial service provider | 1848 | group.bnpparibas | Paris, France | |
Batteries are manufactured by Octopus Energy Group for energy needs. | 2015 | octopusenergy.group | London, United Kingdom |
Investor details for Depsys
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.
Timeline of Depsys
4 dated milestones of Depsys across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Depsys is founded.
- Funding First funding round of $3.2M.
- Funding Latest funding round, Grant, of $202K.
- Exit Acquired by Octopus Energy Group.
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Frequently Asked Questions about Depsys
Depsys was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Depsys is headquartered in Puidoux, Switzerland. It is registered at Puidoux, Vaud, Switzerland.
Depsys is a funded company, having raised a total of $18.4M across 13 funding rounds to date. The company's 1st funding round was a Series A of $2.08M, raised on Jun 2016.
Depsys was established in 2012 in Puidoux, Switzerland, within the energy sector. Electricity is supplied to various customers through established distribution networks. Operations are centered on reliable power provision for residential and commercial needs. The company maintains its headquarters in Switzerland, focusing on local infrastructure and regulatory compliance in utilities. Additional details are accessible via depsys.com.
Depsys offers Energy Management Software and Grid Optimization Services.
Depsys has 6 investors. Key investors include BNP Paribas, Octopus Energy Group, European Union, SET Ventures, and Statkraft Ventures.
Depsys operates through Depsys.
Yes. Depsys was acquired by Octopus Energy Group in November 2022.