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Gridcog has raised $12.5 million in a Series A funding round led by a consortium of global energy giants. The startup provides energy modelling software to help businesses optimize decentralized clean energy projects. The funding will be used to enhance its platform and expand teams in the UK, Europe, and Australia. This investment supports the need for efficient renewables-heavy energy systems.
Company Information
Company
Gridcog
Location
London, England, United Kingdom
About
Gridcog is a platform founded in 2020 by repeat EnergyTech founders Pete Tickler and Fabian Le Gay Brereton. The platform aims to achieve a decarbonised and decentralised energy future, helping users assess how existing solutions are performing and simulate the impact of market and project changes.