# DIGITAL GRID Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/digital-grid

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.digitalgrid.com
- Total disclosed funding: $3M
- Latest round: Series B (Aug 5, 2020)
- Investors on record: 3

## About

DIGITAL GRID Corporation, based in Tokyo, Japan, focuses on innovative energy solutions, facilitating direct electricity trade between producers and consumers to promote renewable energy and efficiency.Founded in 2017, DIGITAL GRID Corporation specializes in energy trading solutions, enabling peer-to-peer electricity transactions. The firm has completed 8 deals, with its most recent funding in March 2024, raising JPY 1,813 mn from investors including DIAMOND ELECTRIC HOLDINGS Co., Ltd. and Sony Group. The company has a current valuation of JPY 13,850.894 mn.Digital Grid Corporation specializes in the development and provision of a range of innovative energy solutions, primarily focused on facilitating the direct trade of electricity between producers (generators) and consumers (end-users). The company's core offerings include the Digital Grid Platform (DGP), a comprehensive system that allows users to engage in peer-to-peer (P2P) electricity transactions, promoting renewable energy usage and increased energy efficiency. The platform supports applications such as virtual Power Purchase Agreements (PPAs) that enable businesses to procure green energy directly from suppliers, targeting corporations seeking to integrate renewable energy into their operations and local businesses aiming to manage energy consumption effectively. Its services are available across several geographical markets, particularly in regions promoting renewable energy initiatives.Digital Grid Corporation generates revenue through a structured transaction model focusing on business-to-business (B2B) interactions within the renewable energy sector. The company facilitates transactions where corporate clients purchase renewable energy through its DGP, including virtual PPAs and the acquisition of FIT non-fossil certificates. These activities are designed to help companies meet sustainability targets and reduce carbon footprints, with pricing structures tailored to individual client agreements to ensure flexibility in energy needs while fostering a sustainable energy ecosystem.In March 2024, DIGITAL GRID Corporation raised JPY 1,813 mn in venture funding from TOKYO GAS Co., Ltd. This funding will be utilized to develop new electric power businesses using blockchain technology. The company plans to introduce new products aimed at enhancing their energy trading solutions and is looking to expand presence in additional regions that actively promote renewable energy initiatives.

## Funding rounds

- Series B, Aug 5, 2020, $3M — JA Mitsui Leasing, World Innovation Lab, Kajima Corporation

## Investors

- JA Mitsui Leasing — Series B
- World Innovation Lab — Series B
- Kajima Corporation — Series B