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Top 10 Smart Grid startups in UK
Updated: April 21, 2024 |
1
Funding: $2.1B
Octopus Energy develops cloud-based smart grid platform and provides fair prices forever and greener energy from the UK's largest investor in solar generation. It uses an innovative AI and data-based platform to balance loads around the grid.
Octopus Energy develops cloud-based smart grid platform and provides fair prices forever and greener energy from the UK's largest investor in solar generation. It uses an innovative AI and data-based platform to balance loads around the grid.
2
Funding: $215M
BBOXX designs, manufactures, and distributes plug and play solar systems. It also offers pay-as-you-go solar power. BBOXX Power DC product range is closed DC systems in standardised sizes. BBOXX Hub brings the smart capabilities of remote monitoring and control to larger capacity systems and projects. BBOXX Pulse is a comprehensive management platform that enables growth of next generation utility businesses.
BBOXX designs, manufactures, and distributes plug and play solar systems. It also offers pay-as-you-go solar power. BBOXX Power DC product range is closed DC systems in standardised sizes. BBOXX Hub brings the smart capabilities of remote monitoring and control to larger capacity systems and projects. BBOXX Pulse is a comprehensive management platform that enables growth of next generation utility businesses.
3
Funding: $86.5M
Origami Energy is creating a real-time marketplace for a distributed energy world. It's smart technology intelligently manages and remotely controls distributed energy assets to access the most profitable current and future value opportunities.
Origami Energy is creating a real-time marketplace for a distributed energy world. It's smart technology intelligently manages and remotely controls distributed energy assets to access the most profitable current and future value opportunities.
4
Funding: £25M
Made up of Faraday Exchangers – independently-verified ‘plug and play’ devices that dynamically balance and smooth power flowing across the energy system – a Faraday Grid gradually transforms a traditional electricity network to deliver a more resilient system and lower energy costs.
Made up of Faraday Exchangers – independently-verified ‘plug and play’ devices that dynamically balance and smooth power flowing across the energy system – a Faraday Grid gradually transforms a traditional electricity network to deliver a more resilient system and lower energy costs.
5
Funding: $24.3M
Moixa is the UK’s leading smart battery company. We develop our Smart Battery hardware and GridShare software to facilitate smart energy storage and sharing.
Moixa is the UK’s leading smart battery company. We develop our Smart Battery hardware and GridShare software to facilitate smart energy storage and sharing.
6
Funding: £15.9M
Piclo develops software to make electricity grids smart, flexible and sustainable.
Piclo develops software to make electricity grids smart, flexible and sustainable.
7
Funding: £11M
Electron is a start-up harnessing blockchain technologies to design more efficient, resilient and flexible systems for the energy sector.
Electron is a start-up harnessing blockchain technologies to design more efficient, resilient and flexible systems for the energy sector.
8
Funding: £6.2M
Upside Energy reduces greenhouse gases by enabling people to make smart choices about when to use energy. It uses advanced algorithms and artificial intelligence to match energy demand with the available supply, helping the electricity grid deal with fluctuations and times of peak usage.
Upside Energy reduces greenhouse gases by enabling people to make smart choices about when to use energy. It uses advanced algorithms and artificial intelligence to match energy demand with the available supply, helping the electricity grid deal with fluctuations and times of peak usage.
9
Funding: $6.7M
Tempus Energy connects customers with the cheapest available energy using AI and smart algorithms to control and optimise when flexible assets use energy.
Tempus Energy connects customers with the cheapest available energy using AI and smart algorithms to control and optimise when flexible assets use energy.
10
Funding: £4.4M
Limejump’s Virtual Power Platform is an aggregation of flexible energy generation and storage assets of different sizes and technology types. They aim to deliver 100% renewable energy at all times to customers through the direct real-time connectivity between renewable energy sources, batteries and demand response.
Limejump’s Virtual Power Platform is an aggregation of flexible energy generation and storage assets of different sizes and technology types. They aim to deliver 100% renewable energy at all times to customers through the direct real-time connectivity between renewable energy sources, batteries and demand response.
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12
Funding: £1.3M
Axle's software dynamically gives flexibility to the electricity grid and adjusts energy usage to when it is cheapest and greenest. Axle’s API enables energy suppliers and hardware manufacturers to monetise the flexibility of home energy devices, lowering costs and emissions while improving grid stability.
Axle's software dynamically gives flexibility to the electricity grid and adjusts energy usage to when it is cheapest and greenest. Axle’s API enables energy suppliers and hardware manufacturers to monetise the flexibility of home energy devices, lowering costs and emissions while improving grid stability.
13
Funding: $1.4M
SMPnet is developing software to control power grids using AI. Its software is used by providers offering energy services, utilities, and microgrid services.
SMPnet is developing software to control power grids using AI. Its software is used by providers offering energy services, utilities, and microgrid services.