Utrecht-based Eddy Grid Secures €1.5 Million to Combat Grid Congestion
Dutch startup, Eddy Grid, has successfully raised €1.5 million in a funding round led by the Graduate Entrepreneur fund and Herberth Samsom. Other notable investors include Rockstart’s Energy Fund and Volve Capital, as well as prominent angel investors Jan Saan of CM.com, Thijs Verheul and Sjuul Berden of United Wardrobe, and Bastiaan van de Rakt of WhyCommitCapital. This funding will enable Eddy Grid to accelerate its growth, expand its services, and collaborate with Skoon Energy on Energy Hubs.
Eddy Grid, established in 2023, aims to ensure the continuous availability of affordable green energy. By offering advanced energy management software combined with smart battery usage, the startup supports the transition to sustainable energy consumption and drives the electrification of industry and mobility. Businesses of all sizes, from SMEs to large industrial enterprises, can benefit from Eddy Grid’s solutions. The company’s approach is characterized by transparency, placing it at the forefront of the industry.
Sam Rohn, CEO and co-founder of Eddy Grid, expressed his gratitude for the support and interest received. He stated, We are incredibly pleased that so many people are eager to help build a greener and more resilient world. We believe that together with these experienced partners we can accelerate and increase our impact.
Additionally, Eddy Grid has been selected to participate in the Rockstart Energy accelerator program, commencing in February 2024. Max ter Horst, Managing Partner at Rockstart Energy, praised the company, saying, Their energy management and storage solutions address the urgent pain of grid capacity limitations for C&I customers, which is reflected in their strong traction so far. We look forward to supporting Eddy Grid in expanding their business and impact on the energy transition.
Auke van den Hout, Managing Partner at the Graduate Entrepreneur fund, emphasized the importance of Eddy Grid’s contribution to a sustainable future. He noted, With Eddy Grid, companies can scale their access to energy while increasing OI on renewable investments.
The investment received by Eddy Grid will enable the company to continue its mission to combat grid congestion and offer efficient energy solutions for businesses worldwide. Through strategic partnerships and cutting-edge technology, Eddy Grid is well-positioned to contribute to a greener and more sustainable future.
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