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A huge congratulations to GridBeyond for closing a mega €52m Series C funding round led by Alantra’s Energy Transition Fund, Klima! 🚀 Since its foundation in 2010, GridBeyond has been developing its AI platform to help businesses unlock the full potential of energy assets, ensuring the sustainability, resilience, and affordability of energy as the world moves towards a zero-carbon future. GridBeyond’s technology unleashes the latent power within every connected asset, including utility-scale renewables generation, battery storage, and energy demand load. This bridges the gap between distributed energy resources and the requirements of the power grid, enabling stakeholders across the energy value chain, from generators and network operators to end users, to optimise energy use for price and carbon footprint. This investment marks a pivotal moment in their journey, continuing the evolution of their award-winning AI platform, delivering greater accuracy, driving more innovation and providing an even better experience for customers. Michael Phelan, Chief Executive Officer and Co-founder of GridBeyond, commented: “We are delighted to complete this transaction. This funding, together with the support of our new partners, will enable us to expand our product offering and strengthen our leadership position in this space." 🔗 Read more in the full press release: https://lnkd.in/eXY4hM7B #greentechfunding #InvestmentNews #Sustainability

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