Tech Company Financing Transactions
AutoGrid Funding Round
AutoGrid, based in Redwood City, secured $85 million from Schneider Electric Ventures, GS Futures and Microsoft.
Transaction Overview
Company Name
Announced On
10/19/2021
Transaction Type
Venture Equity
Amount
$85,000,000
Round
Series D
Investors
Schneider Electric Ventures (Lead Investor)
Shell Technology Ventures (Geert van de Wouw)
Total Energy Ventures (Girish Nadkarni)
Proceeds Purpose
The company intends to use the funds for general corporate purposes to advance global brand expansion and implementation of the technology roadmap and for purchasing equity back from certain existing shareholders.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
255 Shoreline Dr. 350
Redwood City, CA 94065
USA
Redwood City, CA 94065
USA
Phone
Undisclosed
Website
Email Address
Overview
AutoGrid Systems is organizing the world's energy data bringing massively scalable cloud-computing to analyze petabytes of energy data produced by the grid.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Amit Narayan
Chief Scientific Officer
Quique Schwarz
Vice President
Yusuf Attarwala
Vice President
Vish Ganti
Vice President
Rahul Kar
VP - Engineering
Rajeev Singh
VP - Finance
Matthew Lee
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We report on all VC transactions involving tech companies. VC investment data records on this site come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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