GridBeyond secures €6m in debt financing

GridBeyond is an EaaS energy-as-a-service platform where companies use AI, ML and advanced data modeling to achieve their goal of zero carbon emissions. The company’s AI-powered virtual power plant ensures a business’s assets are optimized in the right market in real-time by using robotic energy trading. Sub-second monitoring also ensures predictive maintenance and allows for carbon reporting. Recently, GridBeyond announced that it has received 6 million euros of debt financing, led by Claret Capital, and this round of financing will be used to continue to develop its international business and expand its team.

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