The funding round was co-led by EDP Ventures alongside Clean Growth Fund and Future Energy Ventures.
Piclo
Piclo operates an open auction platform that connects buyers and sellers of flexible energy capacity.
£15.5MTotal raised
London-based software company developing technology to facilitate dynamic energy trading. Formerly known as Open Utility.
Filed accounts
Cash at bank
Members only
Net assets
Members only
Shareholders' funds
Members only
Cash, assets and headcount from Piclo's latest Companies House filing — with year-on-year movement, free with a Winfred account.
Categories
Team
VB
Volker Beckers
Chairman
James Johnston
CEO
James is the CEO and co-founder of Piclo. He previously founded Solar Sketch and held research placements at Arup.
LinkedIn
Gemma Stanley
Policy and communications manager
Gemma brings extensive regulatory and policy experience from her work across the energy sector, including roles at Octopus Energy, Uplight, and Piclo. She previously held policy analysis positions at the Solar Trade Association.
LinkedInInvestors
- £8.3M
- £4.7M
- £2.5M
Funding history
£8.3M
Future Energy Ventures and Clean Growth Fund co-led the Series B round to support team growth and product development.
£4.7M
Mott MacDonald Ventures has joined the Clean Growth Fund and Green Angel Syndicate to back the energy flexibility platform.
The Clean Growth Fund made its debut investment in Piclo to support international expansion and grid decarbonisation.
£2.5M
Green Angel Syndicate and private investors back the latest round to grow Piclo Flex.