AZZO, an Adelaide, Australia-based energy management software and services company, received a strategic investment from Angeleno Group.
The amount of red eel was not disclosed.
The company intends to use the funds to accelerate its geographical expansion and the development and impact of its EnergyX IoT platform helping organisations comprehensively manage their energy including renewables and electrification initiatives for efficiency, sustainability and resilience through microgrids.
Founded by John Azzollini and l ed by James DiLiberto, CEO, AZZO specializes in renewable energy and electrification management solutions. The company offers technology and services that help businesses achieve sustainability goals and reduce energy costs while increasing resilience and energy-related revenues. The EnergyX IoT platform is central to its offerings, providing monitoring, analytics, applications, and control and management capabilities for traditional and renewable energy systems.
FinSMEs
20/12/2024