Terra One

About Terra One

Terra One develops, finances, and operates grid-scale battery storage systems to stabilize Europe's power grids and facilitate the transition to renewable energy. Founded in 2022 by Tony Schumacher, Thomas Antonioli, and Malte Herberg, the Berlin-based startup aims to address grid instability and energy waste resulting from the intermittent nature of renewable sources. Schumacher has a background as a serial entrepreneur, Antonioli previously served as the CFO of the electronics rental company Grover, and Herberg is the CTO.

The company's core business involves developing and operating large-scale battery storage projects in partnership with landowners, municipalities, and grid operators. It does not manufacture the batteries, but instead sources lithium-ion batteries from established companies. Terra One's business model is a full-stack platform covering project development, financing, construction, and operation. The company buys electricity from the European Power Exchange when prices are low and renewable energy generation is high, stores it, and then sells it back to the market when demand and prices are higher. This strategy helps to stabilize the grid, reduce reliance on fossil fuels, and lower energy costs.

A key component of Terra One's operations is its proprietary AI-driven energy trading platform. This platform, named Power Market Intelligence (T1 AI), uses machine learning algorithms to analyze vast amounts of data, including energy production, demand, weather patterns, and real-time pricing, to automate and optimize the buying and selling of energy 24/7. By doing so, the company can efficiently manage its battery assets to maximize returns and provide grid-balancing services such as peak shaving and bottleneck management.

Since its founding, Terra One has built a substantial project pipeline. In April 2024, the company secured $7.5 million in a seed funding round led by PT1 and neosfer, with participation from 468 Capital and notable angel investors. This was followed by a significant mezzanine financing deal of up to €150 million from Aviva Investors in September 2025, intended to support investments of up to €750 million in new storage assets. The company has a goal of building a total capacity of around 3 GWh and has already broken ground on multiple projects in Germany.