# GridBeyond

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gridbeyond

- Industry: Software
- Headquarters: Dublin, Ireland
- Website: www.gridbeyond.com/
- Total disclosed funding: $67M
- Latest round: Series C (Apr 16, 2024)
- Investors on record: 10

## About

GridBeyond Limited, based in Dublin, Ireland, specializes in harnessing artificial intelligence to manage energy systems, driving the transition to sustainable energy solutions for a diverse range of clients. Founded in 2010 in Dublin, Ireland, GridBeyond Limited focuses on optimizing energy systems through innovative technologies. In March 2026, GridBeyond Limited raised EUR 12 million in venture funding from Samsung Ventures, Alantra, Energy Impact Partners, Mirova, ABB Technology Ventures, Constellation Technology Ventures, Act Venture Capital, Yokogawa Electric, Energias de Portugal, and Enterprise Ireland. The CEO and founder, Michael Phelan, has a significant background in the energy sector.GridBeyond specializes in leveraging artificial intelligence to facilitate the energy transition by providing scalable and real-time solutions for managing energy systems. The company’s core offerings include advanced technology that bridges the gap between distributed energy resources, such as utility-scale renewables, battery storage, and industrial loads, and electricity markets. This technology enables asset owners and energy consumers to optimize their energy usage, participate in energy services, and unlock new revenue streams while contributing to grid stability. GridBeyond serves a diverse client base that includes organizations with generation and storage assets, as well as energy consumers looking to improve their operational flexibility. Its solutions are deployed across various geographical markets, focusing on regions undergoing significant renewable energy integration and grid balancing demands.In 2023, GridBeyond reported a revenue of USD 37.15 mn and an EBITDA of USD -7.03 mn. The company generates revenue through partnerships and direct service agreements in the B2B sector, enabling clients to optimize their energy assets via subscription-based access or performance-based contracts tied to energy market participation. This structure supports clients in enhancing operational efficiency and managing energy price volatility while contributing to a shared energy economy. The company will use the March 2026 funding to accelerate expansion across key strategic markets and continue investment in its distributed energy asset optimization platform.

## Funding rounds

- Series C, Apr 16, 2024, $55M — ACT Venture Capital, Alantra, ABB Technology Ventures, Constellation Technology Ventures, Energy Impact Partners, Yokogawa Electric Corporation, Mirova
- Series B, Jan 20, 2020, $12M — ACT Venture Capital, Energias de Portugal, ESB, Total Ventures

## Investors

- ACT Venture Capital (https://capitalatlas.ai/funds/act-venture-capital) — Series B, Series C
- Energias de Portugal — Series B
- ESB — Series B
- Total Ventures (https://capitalatlas.ai/funds/total-ventures) — Series B
- Alantra (https://capitalatlas.ai/funds/alantra) — Series C
- ABB Technology Ventures (https://capitalatlas.ai/funds/abb-technology-ventures) — Series C
- Constellation Technology Ventures (https://capitalatlas.ai/funds/constellation-technology-ventures) — Series C
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series C
- Yokogawa Electric Corporation — Series C
- Mirova (https://capitalatlas.ai/funds/mirova) — Series C