SnerpaPower

1. 19 Aug 2026

   Grant

   €400K

   Cumulative €400K

2. 19 Aug 2026 · +same period

   Seed

   €3.0M

   Cumulative €3.4M

Amounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.

• Funding19 Aug 2026EUR 400K

  SnerpaPower received a 0.4 million euro Voxtur grant from the Icelandic Technology Development Fund alongside its seed round.

  ▸Source: seedcue.com

  Read at seedcue.com

• Funding19 Aug 2026EUR 3.0M

  SnerpaPower raised 3.0 million euros in seed funding led by Encevo, with Crowberry Capital and BackingMinds returning, to accelerate its European expansion. A 0.4 million euro Voxtur grant from the Icelandic Technology Development Fund came alongside.

  ▸Source: mbl.is Viðskipti

  “SnerpaPower hefur tryggt sér 3,4 milljónir evra í nýrri fjármögnun til að hraða sókn félagsins á Evrópumarkað.”

  Read at mbl.is Viðskipti

• Auður Vésteinsdóttir

  CTO and co-founder

• Íris Baldursdóttir

  CEO and co-founder

What does SnerpaPower do?

Icelandic software company that enables large electricity consumers to optimize and automate their electricity planning and purchasing

When was SnerpaPower founded?

SnerpaPower was founded in 2022.

Where is SnerpaPower headquartered?

SnerpaPower is based in Iceland.

How much funding has SnerpaPower raised?

SnerpaPower has raised €3.4M (across 2 rounds · last 19 Aug 2026).

What was SnerpaPower's latest funding round?

SnerpaPower's most recent disclosed round was a seed round of €3.0M, announced 19 August 2026.

Who has invested in SnerpaPower?

Investors in SnerpaPower include Encevo, BackingMinds, Crowberry Capital.