Nazo brings investment and board experience across energy, security, and technology companies. She serves as Managing Partner at Energy Impact Partners Europe and Managing Director at Paladin Capital Group.
Matthias serves as managing partner at Energy Impact Partners Europe. He brings extensive board experience across energy and climate technology companies.
The funding round was led by Energy Impact Partners with participation from Partech.
"The momentum we’re seeing reflects a clear shift: infrastructure leaders know reactive management of their frontline workforce has never worked at scale. Our customers now include some of the most complex infrastructure organizations, managing 30,000 to 40,000 field workers, where operational certainty is a business necessity. By applying AI to real-time field data, they’re replacing hindsight decisions with predictable, first-time-right delivery. And they’re keeping fieldworkers safe."
The oversubscribed round was led by Energy Impact Partners with backing from several climate and technology investors.
"We are laser-focused on doing the hard yards to improve the physical layer of the grid, specifically overhead systems. The AssetCool team is innovating at the nexus between robotics and materials science to bring meaningful improvements to an aging network. We’ve developed a new range of coatings systematically optimised for overhead lines that makes the grid more efficient and resilient – not by rebuilding it, but by enhancing what already exists."
The round was led by Klima and Alantra's Energy Transition Fund to support international growth and product development.
"The newly completed financing round sets GridBeyond on the path to increase the reach of our intelligent energy platform and deliver world-leading AI and powerful automation capabilities to smart grid and energy markets across the world. 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 flexible demand, storage, and distributed generation."
— Michael Phelan, Chief Executive Officer and Co-founder
Energy Impact Partners led the funding round to support product development and international expansion.
"Transportation is responsible for nearly a quarter of the global energy related CO2 and road transport makes up the lion’s share of it. EIP targets the largest sources of greenhouse gas emissions,"
National Grid Partners led the Series B round to help scale the electric vehicle software platform across Europe and North America.
"In the next few years, total EV demand in most developed countries will surpass the energy output of even the largest power plants – for example, the behemoth Palo Verde Generating Station in the US. As more EVs come online, optimised charging and load maintenance will remain critical tools for ensuring grid stability. By being able to shape and control EV load, ev.energy can both benefit the grid and help drivers to charge using the greenest and cheapest energy."
