Grid Edge Raises USD0.2 Million in Venture Financing

Published: Aug 21 2017
Deal Summary

Grid Edge Limited, a company engaged in developing artificial intelligence (AI) software that enables commercial and public building owners to intelligently control and optimize their building’s energy loads, has raised GBP0.2 million (USD0.25 million) in venture financing round. The finance was provided by Ignite Social Enterprise LP, an investment fund backed by Centrica.

The company intends to use the funds to accelerating its product development.

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