GridBeyond Raises €52M in Funding for International Expansion and Technology Enhancements
GridBeyond Closes €52M Series C Funding
GridBeyond's Series C Funding
Key Highlights:
- Series C Funding: GridBeyond raised €52 million in Series C funding.
- Investors: Alantra’s Energy Transition Fund, Klima, Energy Impact Partners, Mirova, ABB, Constellation, Yokogawa Electric Corporation, and Act Venture Capital.
- Company Focus: GridBeyond leverages AI to optimize energy generation, demand, and storage, enabling a zero-carbon future.
GridBeyond's Target Market
- Target Market: Energy companies, utilities, and organizations seeking intelligent energy and smart grid solutions.
- Renewable Energy Sector: Companies involved in utility-scale renewables generation and battery storage.
- Energy Demand Management: Organizations looking to optimize energy demand load and maximize opportunities in electricity markets.
What GridBeyond Needs to Buy
- International Expansion Support: Services and partnerships to facilitate international expansion and market entry.
- R&D Investment: Resources for ongoing research and development to enhance GridBeyond's technology and solutions.
- Strategic Partnerships: Collaborations with energy companies and technology providers to enhance the grid and deliver a zero-carbon future.