AlbionVC has led a £3.3 million Seed round investment in Gridcog, an innovative DER modeling platform addressing the complexities of the energy transition.

Target Company Overview

We are pleased to announce that AlbionVC has led a £3.3 million Seed round investment in Gridcog, a pioneering platform focused on distributed energy resource (DER) modeling. Gridcog enables stakeholders in the energy sector to accurately analyze, design, invest in, and monitor their clean energy projects, addressing the complexities of the current energy transition.

The energy landscape is changing due to a shift from centralized fossil fuel generation to decentralized renewable sources. Gridcog's technology provides essential insights into optimizing energy setups, allowing customers to navigate the financial and operational intricacies of renewable energy investments.

Industry Overview in the UK

The United Kingdom has a rich history in energy generation, with the National Grid established in 1935 as the first fully integrated national electricity system. This foundational system relied heavily on fossil fu