The Series B round was led by ETF Partners, Trill Impact and A&G to support international growth and product expansion.
"Since launch, we’ve viewed Open Cosmos as more than a space tech company; we are agents of change, harnessing the power of satellite data to drive meaningful impact on Earth. Our successful Series B funding, with the support of such prominent ESG and impact investors, is a testament to our commitment to sustainability and innovation."
The Dublin-based energy management startup has raised €6m in a debt facility led by Claret Capital.
"We are delighted to be working with Claret Capital. GridBeyond is at an exciting juncture in its evolution, scaling rapidly over the last years with a further 85% forecast revenue growth in 2023. This partnership enables us to continue apace with our Global expansion plans. It will further allow the Company to strengthen our position in the market and provide new opportunities to our customers not only to bolster their energy resilience and mitigate against high and volatile energy costs but to make cost savings that can be further invested into actions that support their net-zero transition."
Claret Capital Partners backed the digital innovation services provider to accelerate its global expansion.
"Claret Capital Partners is one of the most respected financial firms in Europe and the company’s track record in helping fuel the growth and success of industry leaders is unmatched,"