iwell is a Dutch energy technology company founded in 2016, developing smart energy management systems (EMS) and Battery Energy Storage Systems (BESS) for commercial and industrial customers. The company operates over 350 sites across the Netherlands, Germany, Belgium, and the United Kingdom, with a team of more than 100 employees.
Its core product is an AI-powered EMS that enables businesses to store energy when supply is abundant and prices are low, releasing it during peak demand. The software draws on ten years of operational data to learn and adjust in real time. iwell also offers modular BESS solutions designed to reduce energy costs, alleviate grid load, and improve the utilisation of on-site renewable generation.
The company raised €27 million in funding to support its expansion across European markets. Its technology spans energy management software, battery storage hardware, and AI-driven optimisation, serving sectors including commercial, industrial, and transport energy.
