
nextract energy provides AI-driven solutions for optimizing energy storage and usage, particularly for independent power producers facing curtailment. Their software predicts curtailments and schedules energy use efficiently, ensuring that renewable energy is utilized effectively. The company transitioned from Hydro2X to nextract energy in January 2024, focusing on sustainable energy solutions that benefit both the environment and profitability.

nextract energy provides AI-driven solutions for optimizing energy storage and usage, particularly for independent power producers facing curtailment. Their software predicts curtailments and schedules energy use efficiently, ensuring that renewable energy is utilized effectively. The company transitioned from Hydro2X to nextract energy in January 2024, focusing on sustainable energy solutions that benefit both the environment and profitability.
What they do: AI-driven energy management system for large-scale battery storage to reduce curtailment and optimize multi-use strategies
Headquarters: Berlin, Germany (c/o Technische Universität Berlin)
Founding / rebrand: Founded from a TU Berlin project; rebranded from Hydro2X to nextract energy in January 2024
Team size: Approximately 8 employees
Funding (reported): Reported grant/non-equity support including federal and university backers; reported total funding figures vary across profiles
Renewable energy curtailment and optimization of battery storage utilization
Climate-tech / Energy software
Reported as a non-equity assistance round supporting the TU-origin spinout
Reported as a non-equity assistance round around the rebrand to nextract energy
“Received non-equity assistance/grant support from public and institutional backers including the Federal Ministry for Economic Affairs and Energy and Technical University of Berlin”