GridBeyond raises €52.25m in Series C funding to expand operations, technology, and markets.
GridBeyond, an Irish energy distribution services firm founded in 2010, has raised €52.25m in a Series C funding round. The company, which works with businesses to optimise energy usage and design a path to net-zero emissions, plans to use the new funding to expand its operations in existing markets, such as the US, and further develop its technology and operations in Australia and Japan. GridBeyond has reported an average annual revenue growth of 70% over the past three years and forecasts similar growth this year.
April 16, 2024
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