For investors

The operating AI layer for Europe’s power grids.

Europe cannot build grid fast enough. Regulation now requires network operators to connect flexibly — and, since January 2026, to prove what their smart grid actually delivers. FLEX turns the grid that already exists into more capacity, and into the numbers regulators ask for. Pure software, no hardware.

Less copper. More code.
At a glance
Founded
2017, Vienna
Track record
Portfolio company Detekt sold to Cyclomedia in 2025
Customers
Wiener Netze, Netz Burgenland, TenneT
Research
RTE, Enel, Horizon Europe (AI4REALNET, AI-EFFECT)
Peer review
NeurIPS, IEEE SMC, ACM e-Energy, iScience
Recognition
VERENA award — Austrian State Prize for Innovation 2022; 1st place, L2RPN 2022
The problem

The energy transition is stuck in the connection queue

Demand outruns the grid

Solar, heat pumps, EV charging and data centres all want a connection — faster than operators can reinforce.

Copper takes years

New lines and transformers mean permits, supply chains and capital — reinforcement alone cannot close the gap in time.

Grids run below their potential

Static limits and manual operation leave capacity unused, while operators lack the tools to use the flexibility already connected.

Why now

Regulation turned flexibility from a pilot into a duty

The EU set the frame, member states are writing dates into law, and regulators now measure outcomes. Every grid operator in Europe needs the same capability — on a deadline.

2024
EU market design reform
Regulation (EU) 2024/1747 and Directive (EU) 2024/1711: flexible connections, published capacity.
17 Jan 2025
Transposition deadline
Member states must bring the directive into national law.
Dec 2025
Austria: ElWG in force
Flexible access, capacity publication, peak capping — with dates.
8 Jan 2026
ACER & CEER smart grid KPIs
Regulators measure results — hosting capacity, curtailment, security costs, avoided reinforcement.
2026 – 2028
KPI transition period
Two to three years to build data, modelling and reporting — the buying window.
The product

FLEX: more capacity from existing grids — and the proof

Three engines combine physics and reinforcement learning. The operator always decides; FLEX keeps the record.

1
Know the grid

Topology Time Machine: the network as it was at every point in time — the audit trail behind each KPI.

2
Know the limits

Dynamic Operating Envelopes: safe import and export limits per connection point, every 15 minutes.

3
Move the limits

RL agents combine taps, reactive power, batteries, heat pumps and EVs to raise hosting capacity.

Why it scales

One regulatory need, repeated in every market, every year

Recurring by design

Software licence per grid area, plus the annual KPI report regulators expect each year.

Standard across Europe

EU rules and common KPIs mean the same product fits every member state — local rules become configuration.

No rip-and-replace

Runs on data operators already have, in open formats — CIM/CGMES, pandapower, OpenDSS, PSS/E.

Partner-led growth

Consulting and integration partners carry FLEX into new markets without a local team per country.

Traction

Measured on real grids, paid for by real operators

−18.1 pp

Lower peak line loading on a real distribution grid, measured with Stadtwerke Kapfenberg.

< 5 min

Day-ahead topology plans on real TenneT data, 1,659 substations, N-1 secure.

99.99%

Of voltage violations mitigated on an Enel distribution grid, ~5,000× faster than baseline.

Commercial
Wiener Netze · Netz Burgenland · TenneT
Research & programmes
RTE · Enel · Netz Niederösterreich · Energienetze Steiermark · Stadtwerke Kapfenberg · Horizon Europe
Where we grow

From Vienna into Europe, market by market

01 · Home market
Austria
02 · From Vienna
Central Europe
03 · North
Nordics & Baltics
04 · Via partners
Further EU markets
Partnering with us

What we offer different investors

Strategic investors
An AI layer for your hardware and channels

FLEX complements grid equipment, control systems and service portfolios — and opens a shared route to operators across Europe.

Venture capital
Regulatory pull, software margins

A deadline-driven need in every EU market, a research lead built since 2017, and a team that has built and sold a venture before.

Growth investors
Building the recurring base

Annual licences and KPI reporting across grid areas — a platform we are happy to get to know early.

Team

Power systems engineers and AI researchers — with an exit behind them

Clemens Wasner
Co-founder & CEO
Marcel Wasserer
Co-founder
Johannes Stumtner
Co-founder
Anton Fuxjäger
Head of Reinforcement Learning
Stefan Zahlner
Head of Power Systems Engineering
Andreas Greilhuber
Head of Growth
Backed by Speedinvest, Breeze Invest and Floud Ventures.
Investor relations

Let’s talk about the grid that’s already there

We share our investor briefing — market map, traction and plan — after a short introductory call.