Tech Company Financing Transactions
Piclo Funding Round
Piclo closed a $10.2 million Series B financing round on 3/22/2023. Backers included Clean Growth Fund, Future Energy Ventures and Green Angel Syndicate.
Transaction Overview
Company Name
Announced On
3/22/2023
Transaction Type
Venture Equity
Amount
$10,184,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to further strengthen its position in the UK and Europe, as well as grow its international presence in the US, and Asia-Pacific
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Mindspace (9th Floor) 9 Appold St
London England, EC2A 2AP
UK
London England, EC2A 2AP
UK
Phone
Undisclosed
Website
Email Address
Overview
Piclo Flex is a leading independent marketplace that brings together Flex Providers with System Operators to procure local flexibility services. As our energy systems become cleaner, more distributed and diversified in response to the climate crisis, our grids come under more stress and face challenges in maintaining the delicate balance of supply and demand. Our marketplace enables technologies such as renewables, batteries and electric vehicles to provide local flexibility to our distribution networks, smoothing out the complex transition to a decarbonised future and delivering low-cost and resilient grids.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James Johnston
Chief Financial Officer
Thomas Saul
Chief Technical Officer
Andrew Kilner
Co-Founder
Alice Tyler
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