Cresco advises Revent Capital on investment in Powernaut

Cresco is pleased to announce its role as legal counsel to Revent Capital in their recent investment in Powernaut. This seed round, amounting to €2.4 million, also saw participation from Pitchdrive, Seedcamp, and Syndicate One.

Revent Capital is a Berlin-based venture capital firm focused on impact-driven investments in climate technology, healthcare, and economic empowerment.

Powernaut’s innovative platform connects renewable energy resources, predicts their behavior, and corrects portfolio imbalances, enabling energy suppliers to reduce reliance on fossil fuels and enhance social welfare.

This investment will empower Powernaut to accelerate its growth trajectory, focusing on product development, scaling operations, and expanding its footprint in new markets. Cresco is proud to have supported Revent Capital in this significant milestone and looks forward to Powernaut’s continued success.

The Cresco deal team consisted of David Dessers and Rutger Duden.

Revent Capital is a Berlin-based venture capital firm focused on impact-driven investments in climate technology, healthcare, and economic empowerment.

Powernaut’s innovative platform connects renewable energy resources, predicts their behavior, and corrects portfolio imbalances, enabling energy suppliers to reduce reliance on fossil fuels and enhance social welfare.

This investment will empower Powernaut to accelerate its growth trajectory, focusing on product development, scaling operations, and expanding its footprint in new markets. Cresco is proud to have supported Revent Capital in this significant milestone and looks forward to Powernaut’s continued success.

The Cresco deal team consisted of David Dessers and Rutger Duden.

Congratulations to the entire Powernaut team, and special thanks to Revent Capital, and in particular Henrik Grosse Hokamp and Franca Pullem, for their trust and the pleasant collaboration.

Read more about this transaction in De Tijd.

In case of any further questions, please contact David Dessers.