The financing round was led by Energias De Portugal with backing from Act Venture Capital, Electricity Supply Board, and Total Carbon Neutrality Ventures.
"The newly completed financing round sets GridBeyond on the path to increase the reach of our intelligent energy platform, delivering world leading AI and powerful automation capabilities to smart grid and energy markets. This supports our ambition to advance the transition of the global energy networks towards digitalisation, decarbonisation, and decentralisation. All while enhancing commercial and operational benefits for market participants through fast-acting automation and optimisation of demand and distributed generation."
— Michael Phelan, Chief Executive Officer and Co-founder
The funding round was led by FTV Capital with participation from Blenheim Chalcot.
"Small businesses are the lifeblood of the global economy, yet they continue to be turned away by banks and traditional lenders or faced with unhelpful repayment terms and complex processes. We are delighted with this investment from FTV Capital as it means we can continue to onboard new partners, expand our product range and grow our team in order to serve the 50 million small businesses across the US, Europe and the UK with much needed funding. 2020 is set to be an exciting year for Liberis and this financial investment will help to accelerate our plans so we can support thousands more small businesses around the world with fast, flexible and fair funding."
The financing round was led by Hambro Perks and Fair By Design.
"We’re delighted to have Hambro Perks and Ascension Ventures leading SteadyPay’s latest funding round. This raise will further strengthen our commitment to service the UK’s gig-economy with a powerful and ethical solution to income volatility. We’re thrilled with the results and customer feedback to date, and we look forward to driving scale in 2020."
Simcah Management led the Series C round to support product development and North American expansion.
"The trend for working capital finance transactions to be managed on independent third-party platforms has accelerated during 2019. All parties are looking for flexible financial structures that can be automated with best in class risk mitigation for funders. This investment round takes us another step closer to delivering this vision and transforming how working capital is financed globally."
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