Electron

📍 London, United Kingdom🗓 Founded 2015👥 48 employees💰 Last funded Apr 2018
Software Development🌐 electron.net
Website LinkedIn
Electron's vision is to unleash renewable abundance by connecting millions of distributed energy resources to thousands of coordinated markets. We've made it our mission to help network utilities and municipal suppliers adopt and scale flexibility markets to manage grid congestion, improve connection rates, and lower bills. To do this, we've created a world-leading, trading SaaS platform to launch, operate and coordinate multiple markets for flexibility and distributed energy. -------------------------------- Diving into the detail: What's our story? Electron was founded on the belief that energy systems of the future would need digitally optimised marketplaces rather than large scale new generation capacity, in order to deliver Net Zero in a cost efficient and resilient way. By combining the founders’ knowledge of energy markets and experience in building digital trading platforms, Electron set out to meet this requirement, working collaboratively with existing and emerging market participants to create the first digital energy marketplace. Since establishment in 2015, Electron has engaged in eight network optimisation projects in four countries, involving partnerships with 20 major energy industry players including National Grid ESO, EDF Energy, Shell and London Hydro. Based on these successful projects, the ElectronConnect platform has been selected to support marketplaces for Scottish and Southern Electricity Networks, National Grid ESO in the UK and London Hydro in Canada. Electron’s technology is currently deployed in a first-of-its-kind, real-time, local marketplace in Orkney, with two further markets under development.
4
Total investors
3
Early stage
1
Mid stage
0
Late stage
2015
Founded

Investors

4 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
United Kingdom
4
Investor activity2017–2018 · investors recorded per year
2017320181
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Electron?
Electron has 4 investors on record on gritt.io, including 3 early-stage backers, 1 mid-stage.
When did Electron last raise funding?
The most recent investment in Electron recorded on gritt.io was in April 2018.
When was Electron founded?
Electron was founded in 2015.
What industry is Electron in?
Electron operates in Software Development. Find similar Software Development investors on gritt.io.
Where is Electron based?
Electron is headquartered in London, United Kingdom.