Gridcog, a London, UK-based clean energy software company, raised £3.3M in funding.
The round was led by AlbionVC.
The company intends to use the funds to accelerate the energy transition across the UK and Europe by making clean energy investments more transparent, efficient, and commercially viable.
Led by CEO Fabian Le Gay Brereton, Gridcog allows companies to get a holistic view of their energy resources, including solar, wind, battery storage, EV fleets and charging infrastructure, and flexible loads, across multiple sites and multiple energy markets. Its platform helps users assess how existing solutions are performing; simulate the impact of market and project changes; and – thanks to live feeds of energy prices and other market considerations – see how their projects stack up in multiple commercial scenarios.
Gridcog is used by Shell, Mitie, and EY to manage multi-asset, multi-site projects across the UK, Europe, Australia, New Zealand, and Japan.
FinSMEs
04/03/2024