Limejump provides a Virtual Power Plant platform that links customers’ machinery and generation assets to the National Grid to participate in demand response. The company’s software enables near real-time (seconds and minutes) ramping down of consumption or ramping up of local generation to help balance the grid. Limejump does not own generation assets; it aggregates spare capacity from businesses and small-scale distributed generators. Customers named in the article include NWF Agriculture and Planet Ice & Silver Blades Ice Rinks. The startup says the platform improves energy consumption data and allows participants to earn revenue by shifting export and import to match grid needs. Limejump plans to use new capital for R&D, product and technology development, and customer acquisition.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2015