Herbst Kinsky has advised Zouk Capital LLP as lead investor in the EUR 25.5 million Series B financing round of enspired GmbH – a pioneer in AI-based electricity trading.

In addition to Zouk Capital PUSH VC, PUSPÖK, Banpu NEXT, Vopak Ventures and Presidio Ventures acted as co-investors. Emerald Technology Ventures, Helen Ventures, 360 Capital and EnBW New Ventures remained on board as existing investors.

The Viennese start-up enspired is one of the technological pioneers for the simultaneous commercial optimisation of battery storage and flexible energy systems in the system services, wholesale and control reserve markets with the aim of equipping energy systems worldwide for the market of the future.

Zouk Capital, based in London, is an independent private equity fund manager that invests in companies that promote resource efficiency and focuses on investing in, building and scaling environmental infrastructure and renewable energy projects and businesses. Zouk has around Euro one billion under management, including the £ 420 million Charging Investment Fund (CIIF), which is sponsored by the UK government and specialises in the UK public charging station market.

Herbst Kinsky’s team was led by Philipp Kinsky supported by Carl Walderdorff, Valentin Krenkel (all Corporate/VC), Irmgard Nemec (IP/IT, Commercial), Anna Diensthuber (Employment), Benedikt Wolf (Finance, Real Estate, FDI) and Maximilian Kröpfl (Data Protection)