Vera serves as an executive board member at EDP and leads its global client business. She also holds board roles at Sustainable Energy for All, Fundação Alfredo de Sousa, and ChargeUp Europe.
Frederico brings extensive corporate venture capital experience, having spent over two decades within EDP and its venture arms. He currently serves as partner and managing director at EDP Ventures alongside board roles across the firm's regional entities.
Luís brings extensive energy and investment experience from senior roles at EDP, Galp Energia, and Explorer Investments. He currently serves as an executive adviser at Enline Energy Solutions and an executive board member at Greenvolt Next, alongside founding Telluris Investments.
The funding round will support the company transition to a technology licensing model and expand research capabilities.
"This investment accelerates our ability to develop scalable solutions for our technology partners, helping them navigate the changing global energy landscape. With Barclays’ support, we can bring our technology into more homes and buildings in the UK through a broader range of channels while improving the grid’s capacity to integrate renewable energy. Why pay windfarms to shut down when we can pay households to switch on?"
The funding round was co-led by EDP Ventures alongside Clean Growth Fund and Future Energy Ventures.
"We are delighted to join CGF and FEV as investors in this funding round and we’re thrilled to strengthen our partnership with Piclo. This collaboration will enhance our distributed energy resource assets, such as decentralized storage and industrial and residential assets, globally. With this partnership, we aim to contribute even more to the decarbonization of energy systems worldwide and explore new opportunities in flexibility markets"
The Oxford spinout secured £9.2m from new and existing backers to scale its smart hot water technology.
"Mixergy is launching a new integrated heat pump cylinder in the Spring, which uses our top-down heating technology, with a small heat pump attached to the cylinder. It will heat water 10x faster than conventional integrated heat pump cylinders (usable hot water in under 30 min), and connect to the grid."
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
