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Hytrade logo — We accelerate the green energy transition

Hytrade

We accelerate the green energy transition

Founded 2023 Finland Finland 5 employees Seed Total: $190.00K Energy, SaaS

General Information

Company Name Hytrade
Founded Year 2023
Location Finland Finland +1
Employees 5
Industries Energy, SaaS
Funding Stage Seed
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About Hytrade

Hytrade is a Finnish startup founded in 2023, positioning itself at the intersection of the Energy and SaaS industries. With the slogan "We accelerate the green energy transition," the company leverages robust technology and advanced trading strategies to maximize profits and control the inherent risks of volatile power markets.

Hytrade's innovative approach is evident in its use of cloud-native solutions, intraday trading, and probabilistic forecasting. The company aims to assist clients in navigating fast-paced and uncertain business environments effectively.

The startup recently secured a €190.00K seed investment on 01 April 2024 from Innovestor. This capital injection signals strong market interest and provides momentum for Hytrade to expand its cutting-edge solutions further. Investors may find the company's ambition and technological focus compelling as it contributes to the ongoing green energy transition.

Taxonomy: Green Energy Transition, Technology Integration, Advanced Trading Strategies, Volatile Power Markets, Cloud-Native Solutions, Intraday Trading, Probabilistic Forecasting, SaaS Platform, Electricity Optimization, Green Hydrogen Production, Energy Sector Analytics, Renewable Energy Solutions

Services & Products

Managed Service for De-risking and Compliance
Electricity Market Trading and Risk Management
Consulting for Energy Sourcing and Portfolio Management
Optimization of Industrial and Renewable Processes

Target Customers

Data Centers Green Hydrogen Producers Industrial Manufacturers Renewable Energy Producers Battery Energy Storage System Owners

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed •••••• 1
Investor
01 Apr 2024

Hytrade Alternatives & Competitors

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Hytrade vs
Cadogan Commodities
Cadogan Commodities United Kingdom

Cadogan Commodities is an energy commodities brokerage specialising in Green Products, Biomass, LNG...

3 employees
Energy, Trading Platform
Hytrade vs
MFT Energy
MFT Energy Denmark

A world of energy

201 employees
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Hytrade vs
shape Q
shape Q The Netherlands

The first RFQ marketplace for trading green energy - Bringing renewable energy markets to the future...

Seed
2-10 employees
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View all alternatives

FAQ About Hytrade

We accelerate the green energy transition
Hytrade was founded in 2023.
Hytrade is headquartered in Finland.
Hytrade operates in the following industries: Energy, SaaS.
Hytrade has approximately 5 employees.
Hytrade has completed 1 funding round, raising a total of $190.00K. The latest funding stage is Seed.
Hytrade offers: Managed Service for De-risking and Compliance, Electricity Market Trading and Risk Management, Consulting for Energy Sourcing and Portfolio Management, Optimization of Industrial and Renewable Processes.
Top alternatives and competitors to Hytrade include Cadogan Commodities, MFT Energy, shape Q, Helios Power Trading, enetrade,INC.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Hytrade and Cadogan Commodities are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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