ENEIDA.IO Secures €10.5 Million to Accelerate Expansion and Innovation
Eneida, a pioneer in Neighbourhood Grid Intelligence for Zero Emission Neighbourhoods (ZEN), has successfully completed a €10.5 million Series B financing round. Founded in 2012 and headquartered in Coimbra, the company aims to use this new funding to extend its market leadership, accelerate its research and development efforts, and scale its business and operational analytics platform, thereby bringing the vision of ZEN closer to reality.

Eneida, a pioneer in Neighbourhood Grid Intelligence for Zero Emission Neighbourhoods (ZEN), has successfully completed a €10.5 million Series B financing round. Founded in 2012 and headquartered in Coimbra, the company aims to use this new funding to extend its market leadership, accelerate its research and development efforts, and scale its business and operational analytics platform, thereby bringing the vision of ZEN closer to reality.
The financing round was led by Junction Growth Investors and Santander Alternative Investments. Long-standing investor Korys also increased its stake, with additional participation from HCapital and Eneida’s founders.
This Series B financing marks a significant milestone for Eneida. With this capital infusion, the company is well-positioned to strengthen its leadership in low-voltage network operational analytics and expand into new markets. The funding will also support Eneida’s mission to create sustainable, emission-free communities worldwide through its ZEN initiative.
In recent years, Eneida's growth has underscored its technological prowess. The company addresses challenges faced by grid operators and new energy players by providing situational awareness, detecting and locating events and anomalies, and enabling optimization and control of the low-voltage grid without costly infrastructure upgrades. This approach supports the rapid adoption of distributed energy assets such as solar panels, EV chargers, behind-the-meter batteries, and heat pumps, promoting economic efficiency and high-quality energy solutions.
Eneida’s operational analytics platform, eneida DeepGrid®, integrates smart sensor networks with data analytics and features an open, modular, and interoperable architecture. Clients can deploy the entire solution or individual modules, tailoring it to their operational needs for optimal low-voltage network management.
Carlos Pina Teixeira, CEO at Eneida, expressed his satisfaction with the new investment, stating, “We are delighted to welcome Junction and Santander as our new shareholders, securing the Series B financing round. This operation also reflects the confidence and support of our investors, led by Korys, in our strategic direction. This capital infusion will fuel our efforts to provide exceptional value to our customers, drive innovation, and expand our market reach to make ZEN a reality for everyone.”
Brieuc de Hults, Investment Director at Korys, emphasized the importance of smart grid technologies in enabling a sustainable future. He stated, “As a committed investor in energy transition, Korys recognizes the pivotal role that smart grid technologies play in enabling a sustainable future. Eneida’s innovative solutions align perfectly with our mission to accelerate the transition toward cleaner, more efficient energy systems.”
Dirk Dewals, Managing Partner at Junction, noted, “At Junction, we have identified grid-enhancing technologies as one of our core focus areas helping to de-bottleneck the energy transition. Eneida fits perfectly into this grid-enhancing technology: they offer proven solutions to distribution grid operators to obtain a detailed real-time view complemented with active grid management tools.”
Santiago Gil, Head of VC ClimateTech at Santander Alternative Investments, highlighted the importance of optimizing electric grids for new clean technologies. He stated, “We are glad to support Eneida in its growth path. Making the electric grid fit for new clean technologies is critical to avoid congestion and electrical faults. With its combined solution, Eneida provides the analytical intelligence needed to enhance network optimization.”
The €10.5 million Series B financing round represents a critical juncture for Eneida as it continues to innovate and expand its market presence. The company’s commitment to creating zero-emission neighborhoods and enhancing the efficiency of low-voltage networks positions it at the forefront of the energy transition. With the backing of leading investors, Eneida is set to drive forward its mission of building sustainable and emission-free communities on a global scale.