Growth · Climate tech

GridBeyond raises €12m in growth financing

Samsung Ventures, energy-transition investors and other backers participated in the financing.

GridBeyond raised €12 million in growth financing on March 17. Named participants included Samsung Ventures, Alantra's Energy Transition Fund, Klima, Energy Impact Partners, Mirova, ABB, Constellation Technology Ventures, Act Venture Capital, Yokogawa, EDP and Enterprise Ireland.

The company develops technology to optimize distributed energy assets.

Funding history

Growth · This round€12M

Sources

  1. GridBeyondprojectstartups.com
  2. businesswire.com