Tech company Flower, based in Sweden, triumphs in TECH5 - the acclaimed Tech Champions League competition.
In a significant leap for the renewable energy sector, Swedish energy tech company Flower has been crowned the winner of TECH5, Europe's hottest scaleup title. This prestigious recognition marks Flower's emergence as a leading innovator in the green tech landscape [1].
Flower specialises in energy storage solutions and grid stabilization, addressing the challenges presented by the intermittent nature of renewable energy sources such as solar and wind power. The company's software platform is applied to energy asset portfolios, providing insights for storage and management strategies that enhance predictability and flexibility for both energy producers and consumers [1].
By managing fluctuations in renewable energy supply, Flower ensures a more balanced energy supply, smoother renewable integration, reduced fossil fuel reliance, stronger grid resilience, and new revenue streams for asset owners [2]. The company's strategy involves buying energy from wind and solar farms, managing their volatility, and supplying society with cheap, reliable, and plannable green electricity [2].
The TECH5 competition, held at the our website Conference in Amsterdam, saw Flower emerge as the winner from a shortlist of challengers across seven regions: Benelux, the Nordics, DACH, France, Southern Europe, the Baltics, and the UK and Ireland. Five finalists were selected for the competition: Flower, DataSnipper (Netherlands), Swan (France), Gain.pro (Netherlands), and Turing College (Lithuania) [1].
Flower scored highest among the five finalists in growth, impact, and future potential, securing its place as the champion of the competition [1]. The company's victory follows the footsteps of past TECH5 winners like Revolut, Too Good To Go, and Picnic [1].
Hampus Jildenbäck, marketing director at Flower, stated that managing volatility in renewable energy is best achieved through battery energy storage [2]. He described winning the contest as a testament to Flower's mission and motivation for continuing their work.
With this victory, Flower plans to expand into six European markets and collaborate with the broader European energy and tech ecosystem. This strategic growth aligns with Europe's ongoing megatrends of electrification—especially in heating and mobility—and renewable integration, areas where countries like Sweden, Finland, and Norway are already leading [2].
Flower's work extends beyond grid stabilization and asset optimization, taking a holistic ecosystem approach that improves the predictability and flexibility of the energy system for both producers and consumers [2]. The company works with various energy storage systems such as EV fleets, home batteries, solar parks, and data centers [2].
With its groundbreaking energy storage and grid stabilization method, Flower is set to enable the energy system of tomorrow, furthering Europe's clean energy transition and paving the way for a more sustainable future.
[1] Our website, Flower Wins TECH5: Europe's Hottest Scaleup Title, [Accessed 1st May 2025]. [2] Our website, Flower's TECH5 Victory: A Leap Forward in Europe's Clean Energy Transition, [Accessed 1st May 2025].
Flower's win in the TECH5 competition, signifying Europe's hottest scaleup title, positions the company as a leading innovator in the technology sector, specifically in the realm of energy storage and grid stabilization for renewable energy sources. In alignment with Europe's ongoing megatrends, Flower intends to expand into six European markets and collaborate with the broader European energy and technology ecosystem, further driving the clean energy transition and a more sustainable future.
