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FlexyGrid closes €750,000 seed funding round led by foreign investors and Techbricks. The energy flexibility platform will use funds for technology and market development.
Amount Raised
€750,000
Round Type
Seed
RomeEnergySoftwareArtificial IntelligenceInvestors
Description
FlexyGrid, an accredited balancing service provider, has closed a €750,000 seed funding round with two-thirds subscribed by foreign private investors and Rome-based venture builder Techbricks. The company's AI-powered platform aggregates distributed energy resources and optimizes their participation in flexibility and grid services markets across Italy. FlexyGrid operates with clients including Edison and E.ON Italia, and is accredited across multiple local flexibility market pilots. The entire funding will be allocated to technological and market development of the proprietary energy management platform.
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FlexyGrid raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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