Participated · Equity · Mar 2026

GridBeyond develops hardware and software to coordinate distributed energy resources—solar, wind, batteries, hydropower—and flexible industrial and commercial loads to operate as virtual power plants. The company manages approximately 1 gigawatt of generation and storage and several gigawatts of demand-side flexibility, including a 200-megawatt battery installation in California. GridBeyond’s controllers and software are deployed across sites in Australia, Ireland, Japan, the UK, and the United States. Its platform enables rapid response and market participation, allowing batteries and flexible loads to perform grid balancing and power arbitrage. The company is using the newly raised €12 million equity to expand its portfolio of managed assets and deployments.

Led · Series C · Jul 2025

Dexter Energy is an Amsterdam-based climate tech company that provides AI-driven forecasting and trade optimization services for renewable energy and batteries. Its software helps renewable producers balance the electricity grid and optimize the use of solar, wind, and battery storage by enabling short-term power trading and automated trading strategies. The company positions its product to address price volatility and declining subsidies as renewables scale in Europe—renewables rose from 34% of generation in 2019 with a projected 70% by 2030, and Dutch producers have seen revenues drop by over 30% since 2019 due to market cannibalization and balancing costs from forecasting errors. With the new funding, Dexter plans to expand solutions for battery trading, enhance optimization tools for wind and solar, and enter new European markets. It will accelerate development and rollout of asset-backed trade optimization solutions across Europe and initially deploy battery trade optimization in the Netherlands before expanding to other key markets. The company will also grow its team and scale its product to make short-term trading more efficient and profitable for renewable producers, helping balance the grid. Dexter Energy offers an AI-driven platform that leverages advanced machine learning algorithms and big data analytics to produce renewable generation forecasts. Its software is designed to help energy companies manage short-term trading activities and optimise decisions for 100% renewable portfolios. The company raised a €10.5 million Series B to support growth. Dexter plans to use the funding to expand into new European markets and to double the size of its team by the end of the year. Investors and company leadership emphasise the platform’s role in reducing system imbalances and cutting emissions. Existing backers continue to support the company as it scales. Dexter Energy offers an AI-powered platform that helps energy providers predict supplies, demand, and market movements to optimize production and consumption. The software is aimed at renewable-energy suppliers that need accurate forecasting to compete with weather-independent fossil-fuel generation. Dexter's stated goal is to accelerate renewables' ability to compete with and phase out fossil-fuel‑fired providers. The company raised €2 million in a Series A round to support its growth. Dexter intends to roll out its optimization platform to all liberalized European energy markets in the coming years, according to CEO Luuk Veeken.

Led · Equity · Mar 2025

Echandia develops and supplies advanced maritime battery systems for electrification, hybridization and full-electric propulsion of ferries, navy vessels and other heavy-duty marine applications where safety and resilience are critical. Since its founding in 2018 the company has delivered nearly 70 systems to global electrification projects and partners with leading shipyards and system integrators for newbuilds and retrofits. Echandia is scaling production capacity in Sweden and expanding into the US, including a new production facility in Washington State. The company says the SEK 220 million financing will fund global expansion and increased production capabilities. Echandia reported revenues grew fourfold in 2024 versus 2023 and expects revenues to triple in 2025, reflecting a growing sales pipeline. The business emphasizes safety, long-lasting systems and energy efficiency to support maritime decarbonization.

Participated · Series C · Jan 2025

Meteomatics aggregates weather data from more than 110 sources and its own autonomous weather drones, normalizing it into a single API product for enterprise customers. The platform refreshes forecasts hourly and delivers precision predictions down to one square kilometer. Customers can consume the unified data directly or run their own analytics and AI on top of the API. The company serves more than 600 customers, including Tesla, CVS Health, and Swiss Re. Founded in 2012 and based in St. Gallen, Switzerland, Meteomatics has largely reinvested its profits over a 12-year history to avoid frequent fundraising. The startup plans further product and tech development alongside geographic expansion into the U.S. Meteomatics runs a 1 km-resolution weather model that updates hourly to deliver hyperlocal forecasts and identify small-scale meteorological phenomena such as thunder, hail and wind. The company augments its models with data from its Meteodrones—weather drones that can fly up to 6 km (20,000 feet)—and 110 other sources to provide mid- and lower-atmosphere forecasting. Led by Founder and CEO Dr. Martin Fengler, Meteomatics serves more than 450 companies, including CVS Health, Tesla, Swiss Re, Airbus, Toyota, Volkswagen and EDF Energy. Customers use its data for energy optimization, logistics, process automation, risk management and product design. The company is headquartered in St. Gallen, Switzerland, with local U.S. operations in Pennsylvania. Meteomatics says it will use recent funding to scale its high-resolution weather and climate technology and expand into new markets and industries. Meteomatics is a Swiss-based company that provides real-time, granular and accurate weather forecast data via a proprietary in-house technology and API. The firm serves more than 400 companies worldwide and is particularly relevant to the energy industry for integrating and using renewable energies. Meteomatics also produces the world's first autonomous weather drones ('Meteodrones') that collect atmospheric data up to 6 km to improve local forecast quality. The company raised 13.5M CHF in a Series B financing round to support its growth. Klima Energy Transition Fund (Alantra) led the round in partnership with Spanish gas grid operator Enagás, and the round was completed by a leading US-based renewables and utility company. Management and investors say the proceeds will be used to further develop technology, provide higher-value services, and expand into new segments and geographies. Meteomatics develops weather forecasts for corporate clients by combining conventional meteorological data with frequent drone measurements of the near-surface atmosphere. Its drones ascend multiple times per day up to three kilometers to record wind speed, temperature and humidity. The company has developed a weather drone capable of automated takeoff and landing and operates automated drone boxes that can be centrally controlled. Customers include firms in the automotive, logistics, retail and energy sectors, notably SBB, Alpiq, Swissgrid and BKW. Founded in 2012 and led by CEO Martin Fengler, Meteomatics employs 25 people and is profitable. To accelerate growth the company completed its first financing round last autumn and plans to expand its drone network from northeastern Switzerland to the rest of the country.

Participated · Series B · Apr 2024

SWTCH Energy builds and supplies EV charging units and management software (SWTCH Cortex) aimed at multifamily buildings and commercial properties. The company is pursuing North American expansion, targeting larger commercial opportunities and faster project deployments. Recent financing is being used to boost inventory levels and provide working capital to accelerate rollouts. SWTCH is also investing in AI-driven network monitoring for its charging solutions. The company was selected to supply EV charging infrastructure and software to the city of Richmond, Virginia, demonstrating commercial traction in municipal contracts. Its current financial position includes a new credit facility plus a recent strategic investment to support growth and technology development. Swtch Energy provides EV charging solutions and an advanced charging product called Swtch Cortex, targeting multifamily, commercial, and workplace properties. The company leverages existing grid infrastructure and a partnership network to help building owners and operators deploy charging in multi-tenant buildings. It plans to use recent funding to accelerate AI-driven network monitoring, load management, and continued development of Swtch Cortex. Swtch was recently selected by Greystar to manage 2,500 charging stations across 136 Greystar properties in Washington state. The company is led by CEO Carter Li and operates from Toronto, Canada. Its Series B has been expanded to $31.2M following the latest investment. SWTCH Energy builds EV charging solutions for multi-tenant and multifamily buildings across North America. Its core offering combines turnkey EV charging hardware with integrated energy management software, notably SWTCH Control, which provides visibility into building electrical loads and lets owners install and manage up to ten times more chargers on existing infrastructure. The company targets deployment challenges including upfront costs, limited electrical capacity, and charger reliability for new and aging multifamily properties. SWTCH has grown its charging network tenfold since its Series A and is headquartered in Toronto with offices in Brooklyn and Boston. With new capital, SWTCH plans to accelerate deployments in multi-tenant buildings, advance SWTCH Control using machine learning and AI, and expand integrations with industry software to improve experiences for property managers and tenants. The company is positioning itself to meet growing demand as EV sales rise and building codes increasingly require properties to be EV-ready. SWTCH delivers EV charging hardware, software-based energy management, and a charging-as-a-service offering tailored to multi-family buildings, lowering financial and technical barriers to charging where hardware upgrades can be costly. The company integrates clean fuel standard credits, charging infrastructure incentives, and ancillary service market participation into its core offering to reduce operational costs and eliminate upfront capital requirements for property owners. SWTCH reports charging systems installed in 200 multi-family buildings (about 75% of its stations deployed in multi-family locations and roughly 50% of sites classified as low-to-moderate income). By the end of 2022 the company expects to manage 5,000 charging ports in over 900 locations across all 50 U.S. states and 10 Canadian provinces, with over half of those ports in low-to-moderate income multi-family buildings. Headquartered in Toronto with offices in Brooklyn and Boston, SWTCH is participating in the Clean Fight accelerator and is working with partners to deploy chargers in LMI communities. The company aims to scale deployments across North America to accelerate equitable EV adoption in market-rate and low-to-moderate income communities. SWTCH Energy develops open standards-based EV charging hardware and software combined with distributed energy resource aggregation to improve grid efficiency. Its platform includes scheduling and reservation systems to optimize charger usage and revenue, vision-AI enforcement to prevent loitering in EV spaces, and battery energy storage integration with load management to minimize infrastructure upgrade costs. The company targets urban multi-family settings and sells to real estate developers, building operators, and property managers. SWTCH plans to expand its product and service offerings to metropolitan areas across North America following the financing. As of this round the company has raised C$3.5M in equity, grants, and non-dilutive funding. SWTCH was founded in 2016 and is a MaRS Cleantech company and graduate of CSI Climate Solutions, Communitech Fierce Founders, and the DMZ Sales Accelerator.