<ul><li>Grid Edge, a Birmingham-based company, has raised over €3.3 million in funding to expand its team and develop their AI-powered software platform for reducing carbon emissions and energy costs.</li><li>The funding came from various investors including Midlands Engine Investment Fund II, Mercia Ventures, Centrica, bp Ventures, and private investors.</li><li>Grid Edge's platform collects and analyzes data from multiple sources to optimize performance, reducing costs and carbon emissions by an average of 20% with a return on investment in six months.</li><li>The company plans to onboard more businesses, increase its number of locations, and create 15 new jobs in sales, customer support, and technical roles.</li></ul>

Grid Edge raises €3.3 million for AI software that helps cut energy costs and carbon

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