GridBeyond raises €52m to fund its expansion

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Smart energy company, GridBeyond, has raised €52m in fresh funding.

The Series C round was led by Alantra's Energy Transition Fund, Klima.

"We are delighted to complete this transaction," said Michael Phelan, chief executive officer and co-founder of GridBeyond. "The newly completed financing round sets GridBeyond on the path to increase the reach of our intelligent energy platform and deliver world leading AI and powerful automation capabilities to smart grid and energy markets across the world," Mr Phelan said.

 

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