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Gridcog secures $12.5 million Series A funding led by ABB Electrification Ventures and others to scale its clean energy software.

PRIVATEJul 08, 20267 days ago

Amount Raised

$12.5 Million

Round Type

Series A

LondonEnergyRenewable Energy

Investors

Verbund VenturesDnv VenturesAxpo VenturesAbb Electrification Ventures

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.

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.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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