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Gridcog secured £3.3M for expansion to accelerate the energy transition across the UK and Europe.

Mar 04, 2024over 1 year ago

Amount Raised

£3.3 Million

Round Type

seed

LondonRenewable EnergyEnergy

Investors

Albion Vc

Description

Gridcog has secured a £3.3 million investment led by an early-stage tech investor, AlbionVC. The funding will be used to further its mission to accelerate the energy transition across the UK and Europe by making clean energy investments more transparent, efficient, and commercially viable. Additionally, Gridcog will double-down on its expansion in these fast-growing regions.

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
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers