Tech Company Financing Transactions
Alpha Grid Funding Round
On 7/19/2023, Alpha Grid raised $2.5 million in Seed financing from Asymmetric Capital Partners and Twine Venture.
Transaction Overview
Company Name
Announced On
7/19/2023
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Asymmetric Capital Partners (Lead Investor)
Proceeds Purpose
The company uses machine learning to enable a customer -- like an energy provider, charging developer or big box retailer -- to optimize the deployment of charging stations. The company plans to use the funds to continue to develop the product and to hire more employees.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Undisclosed, Undisclosed
USA
Undisclosed, Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
The clean energy transition requires unprecedented investment in the grid and improved project success to reach net zero. Developing clean energy projects and charging infrastructure is complex and costly due to limited power capacity, opaque grid physics, and slow interconnections. Alpha Grid helps energy developers discover, deploy, and unlock value from distributed energy resources that connect to the electric grid. With an initial focus on EV charging and energy storage, our intelligent platform ingests, organizes, and analyzes billions of data points across power system models, real estate, and transportation telemetry to deliver actionable project-level insights in just one click.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Luke Ackerknecht
Chief Technical Officer
Phil Stahlfeld
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