Birmingham-based Grid Edge has raised €3.3M in funding to develop AI-powered software for reducing carbon emissions and energy costs in commercial buildings.
The funding round was led by Mercia Ventures, with participation from Centrica, BP Ventures, and private investors.
Grid Edge's platform helps customers cut costs, achieve sustainability targets, and navigate price fluctuations in energy prices.
The company plans to expand its team and increase the number of locations using the funding.