Total Carbon Neutrality Ventures

Corporate

Total Carbon Neutrality Ventures is the venture capital arm of Total, supporting technologies that reduce carbon footprints.

Portfolio

companies

Portfolio companies

GridBeyond

GridBeyond provides an intelligent energy and smart grid platform for distributed energy resource management.

Team

Girish Nadkarni

Chief Executive Officer

Recent investments

Series B23 January 2020

£9.0M

GridBeyond raises £9m in a Series B round led by Energias De Portugal to drive international expansion.

EnergyTech

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 and Co-founder

GridBeyond—London, UK

EDP + 3 others