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GridIO
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Short description

Developer of a virtual power plant platform for households

Founded in 2015
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy networks

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Estonia Tallinn, Estonia
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Updated by Konrad Hanschmidt at GridIO on 04/29/2019

Edited by Cleantech Group on 02/10/2025

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Date Company
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Date Partner Type
03/09/2020
Free Electrons Free Electrons
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Confirmed by Free Electrons
Incubation/Acceleration
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IPO INFORMATION

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Description

Date Investors Type Amount
01/27/2025 Neoinvesteeringud Neoinvesteeringud , Encevo Encevo , SmartCap SmartCap , Renergy Renergy , The Sharing Group The Sharing Group , Specialist VC Specialist VC , Link Capital Link Capital (7)
Post-money valuation of
Funding will support roll out of smart charging solution across Europe
Seed $2,480,000
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Products
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Product image Name Product status Revenue model Cost metrics

GridIO Virtual Power

Pilot/Early Revenue Service - Per Unit
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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