EDP Ventures

Corporate

EDP Ventures is the venture capital arm of EDP, investing in early-stage technological startups focused on open innovation in the energy sector. The portfolio includes 40 active climate tech investments with a total of €73m invested.

Portfolio

companies

Portfolio companies

Piclo

Piclo operates a global energy flexibility marketplace that makes electricity grids smarter and more sustainable.

Team

Frederico Gonçalves

Managing Director

Recent investments

Bridge20 August 2024

Undisclosed

Piclo secures investment led by EDP Ventures to fund international expansion

EnergyTech

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"

— Frederico Gonçalves, Managing Director

Piclo—London, UK

EDP Ventures + 2 others