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 B · Nov 2025

Founded in Durban in 2017, maxwell+spark builds a unified battery ecosystem to decarbonise industrial logistics. Its flagship products include fridge.li, the world’s first battery-powered transport refrigeration system, which entered commercial service with SPAR in 2018, and motive.li lithium-ion packs that allow warehouses to shift fleets to cleaner, maintenance-free electric power. The company’s solutions target forklifts, cold-chain trailers and stationary backup units, cutting energy use and improving uptime versus diesel and lead-acid alternatives. Having expanded operations to the US and EU, maxwell+spark intends to use new capital to accelerate global rollout and broaden its product line. While no revenue or customer counts were disclosed, management emphasizes growing demand from cost-sensitive logistics operators seeking electrification. CEO Clinton Bemont views the firm’s technology as critical for decarbonising one of the world’s toughest, most price-driven sectors.

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.

Led · Equity · Sep 2022

SunRoof designs and sells building-integrated photovoltaic (BIPV) roofs that serve as both the roof material and solar collector. The company says its solar roofs are more productive per roof surface, have a lower CO2 footprint, and use fewer resources and materials than traditional roof-plus-PV installations. SunRoof provides an end-to-end energy management offering, including collection and storage capabilities. Unlike many Berlin-based panel-rental startups, SunRoof is a pure sell business and says its pricing is competitive and cheaper than a roof plus photovoltaic installation. The company intends to use new funding to bolster sales and production in its key markets of Sweden, Germany, and Poland. CEO and co-founder Lech Kaniuk frames the business as contributing to urgent energy transition and future clean energy infrastructure. SunRoof develops integrated 2‑in‑1 solar roofs and glass façades that generate electricity without traditional photovoltaic modules and are monitored via its energy app. The company acquired Redlogger in 2020 and plans to use its network of solar homes to create a virtual power plant and energy marketplace. SunRoof has grown more than 500% year‑on‑year and says it is on track for a €100M valuation by the end of 2021. The startup will use new funding to expand into Sweden, Germany, Poland, Switzerland, Italy, Spain and pilot projects in the US, and to hire 100+ people in 2021. It is working with the EU Green Deal and Poland’s National Recovery Plan and has begun accepting Bitcoin as a payment option. Founded in 2013 by Karol Kaniuk, Lech Kaniuk, Marek Zmysłowski and Rafał Plutecki, SunRoof aims to compete with incumbents such as Tesla Energy by emphasizing partnerships and an open ecosystem. SunRoof develops integrated solar two-in-one roofs and accompanying software for smart energy management. The company aims to replace traditional roofs with a modern-design solar roof that produces electricity without installing separate photovoltaic panels. It plans to launch an ecommerce platform to sell surplus energy generated by its panels, starting in the Polish market, and to expand into new European markets. SunRoof completed its first VC financing — a nearly €2 million late seed round — and investors say the company has strong regional potential. In August the startup acquired Redlogger, a Swedish firm that developed hardware and software to support renewable energy producers. Founded in Sweden in 2013, SunRoof spent its early years building and testing proprietary technology and gained momentum in late 2018 after adding seasoned entrepreneurs to the team.