GridBeyond raised €52 million in Series C funding led by Klima to further develop its platform and invest in new and existing markets.
Amount Raised
€52 Million
Round Type
Series C
DublinEnergyRenewable EnergyInvestors
Description
The Series C round, led by Klima, included new investors such as Energy Impact Partners, Mirova, ABB, Constellation, and Yokogawa Electric Corporation, along with investments from the existing investor Act Venture Capital. The funding will be used to further develop GridBeyond's technology and demonstrate its leadership in Grid Edge Virtual Power Plant (VPP) globally, as well as to expand its operations in the US and support its storage, EV (V2G), and DR offerings in the US and other deregulated markets with high penetration levels of renewable energy.
Quick answer
GridBeyond raised €52 Million in a Series C round, dated April 16, 2024. Investors: Act Venture Capital, Yokogawa Electric Corporation, Constellation, Abb, Mirova, Energy Impact Partners and Klima. GridBeyond is based in Dublin, Dublin, Ireland.
- How much did GridBeyond raise?
- GridBeyond raised €52 Million in a Series C round on April 16, 2024.
- Who invested in GridBeyond?
- Act Venture Capital, Yokogawa Electric Corporation, Constellation, Abb, Mirova, Energy Impact Partners and Klima are named as investors in this round.
- What does GridBeyond do?
- GridBeyond is a smart energy company led by Michael Phelan and Richard O'Loughlin.
- Where is GridBeyond based and how big is it?
- GridBeyond is based in Dublin, Dublin, Ireland.
- Who are the decision-makers at GridBeyond?
- Fundz holds 4 contacts at GridBeyond, including the Power, Carbon & BESS Originator. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as GridBeyond that raised within 45 days of this round, from Fundz verified event records.
- Plural Energy raised $2.3M (Seed) on May 30, 2024.
- Zenobē raised $1.3B (Debt Financing) on May 29, 2024.
- Gesa Credit Union raised $20M on May 29, 2024.
- One Energy Enterprises raised $35M (Series A) on May 28, 2024.
- Cloover raised $109M (Seed) on May 28, 2024.
- Delta Green raised $2.4M (Seed) on May 27, 2024.
Who to call at GridBeyond, and when
A new round usually means GridBeyond is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day GridBeyond raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at GridBeyond, from your own LinkedIn network
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Related People
GridBeyond 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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