Reactive Technologies secures Series B investment from Accenture Ventures to advance grid stability technology.
Accenture Ventures backed the London-based grid technology provider to help utilities accelerate the transition to low-carbon energy.
Reactive Technologies provides grid stability measurement technology to help operators manage power systems and integrate renewable energy. The company operates in the UK and Finland.
Reactive Technologies has secured Series B investment from Accenture Ventures, alongside a strategic alliance aimed at scaling the commercialisation of its grid data technology. The funding will support the company as it helps utilities navigate the complexities of integrating variable renewable energy sources into power networks. Accenture made the investment through its Project Spotlight programme, which connects emerging enterprise technology firms with global clients and domain experts. The partnership pairs Reactive Technologies' patented measurement solutions with Accenture's industry reach and technical capabilities to accelerate the transition toward low-carbon power systems.
From the founder
"Through unique measurement technologies, the fundamental challenges of managing grid stability with ever increasing amounts of renewable energy being deployed can now be solved,"
Marc Borrett
CEO at Reactive Technologies
Investor perspective
"As electricity production from wind and solar continues to grow, the share of variable renewables in the production mix is likely to present stability challenges for utilities to balance their grids,"
Stephanie Jamison
Senior Managing Director, Accenture
Investors
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About the company
Reactive Technologies
Grid resilience technology company helping operators ensure reliable renewable power systems.