Return
Return builds, owns, and operates large-scale energy storage infrastructure, providing storage-as-a-service across Europe.
Return is an energy company based in Amsterdam, NL, founded in 2021. It has raised $933.45 million in disclosed funding. Its latest round was an Undisclosed stage of €835 million in November 2026.
Overview
Return is an independent energy storage provider operating in Europe that focuses on infrastructure development to facilitate the transition to a net-zero energy system. The company builds, owns, and operates large-scale battery storage assets to offer a storage-as-a-service model, aimed at balancing energy supply and demand, stabilizing electricity grids, and reducing price volatility [0]. Its solutions serve utilities, grid operators, industrial energy consumers, and energy traders by providing access to storage capacity without the operational or capital expenditure requirements associated with managing such infrastructure [0]. In addition to its large-scale storage projects, the company offers behind-the-grid storage solutions for industrial clients through its Return Industrial Solutions division [0]. Headquartered in Europe, the team consists of over 100 professionals [1, 2]. The company has raised $933,446,500 in total funding to date, supporting its expansion across markets including the Netherlands, Belgium, Germany, and Spain [0, 2].
Funding
Total disclosed: $933.4M across 1 round. Computed only from sourced rounds.
Investors
Questions and answers
What does Return do?
Return builds, owns, and operates large-scale energy storage infrastructure, providing storage-as-a-service across Europe.
How much has Return raised?
Return has raised $933.45 million in disclosed funding across 1 round tracked by OSH.
Who has invested in Return?
Investors in Return include Deutsche Bank and Rabobank.
When and where was Return founded?
Return was founded in 2021 and is based in Amsterdam, NL.
Timeline
Founded
Sources
- 1.Return secures €835 million financing to expand battery storage capacity in Germany — EU-Startups, Nov 4, 2026
- 2.Return · Official
- 3.Return · Official
- 4.Return · Official