Tech Company Financing Transactions
Reel Funding Round
Future Energy Ventures, The Footprint Firm and Transition Global participated in a $17.6 million Series A funding round for Reel. The funding round was recorded on 5/8/2026.
Transaction Overview
Company Name
Announced On
5/8/2026
Transaction Type
Venture Equity
Amount
$17,600,000
Round
Series A
Investors
Proceeds Purpose
The proceeds will support the expansion of its services from Denmark to Germany, the largest energy market in Europe, with the new capital to be used to refine its products, grow its portfolio, and build a commercial team in Germany.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Overgaden Neden Vandet 17, 2. sal
Copenhagen, 1414
Denmark
Copenhagen, 1414
Denmark
Phone
Website
Email Address
Overview
Reel is the next-generation electricity supplier for climate-conscious companies. Reel matches your company with renewable electricity to reduce your emissions and electricity costs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jon Sigvert
Browse more venture capital transactions:
Prev: 5/8/2026: Tekst venture capital transaction
Next: 5/8/2026: Dishio venture capital transaction
Share this article
News on VC Transactions
We do our best to record every notable VC transaction. VC investment data records on this site are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs