Gridcog secures $12.5 million Series A funding led by ABB Electrification Ventures and others to scale its clean energy software.
Amount Raised
$12.5 Million
Round Type
Series A
LondonEnergyRenewable EnergyInvestors
Description
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.
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