Piclo

📍 London, United Kingdom🗓 Founded 2013👥 66 employees💰 Last funded Mar 2023
Piclo’s mission is to decarbonise the grid. We develop software solutions that make our energy networks smarter, flexible and more sustainable. Piclo Max, our market access platform, enables flex sellers (such as EV and battery owners) to access all electricity markets from one place. Piclo Flex, our flexibility services marketplace, enables flex buyers (system operators) to source flexible electricity from flex sellers during times of high demand or low supply. To date, Piclo has over 300,000 registered flexible assets representing 22 GW of registered flex capacity, with flexibility contracts awarded totalling £74m and 2.6 GW+ of flexible capacity procured. Piclo currently operates in six global markets: in the UK, supporting all six Distribution System Operators (UK Power Networks, SP Energy Networks, Electricity North West, Northern Powergrid, Scottish and Southern Electricity Networks and National Grid Electricity Distribution); and the Transmission System Operator (TSO) (the ESO); in Ireland (ESB Networks), Italy (E-Distribuzione), Portugal (E-REDES)); in Australia (CitiPower, Powercor); and in the United States in New York State (National Grid) and Connecticut (United Illuminating). Aside from its leading position in the UK, Piclo has a growing presence in Europe, USA and the Asia-Pacific.
9
Total investors
1
Early stage
4
Mid stage
4
Late stage
2013
Founded
Investor geography2 countries
United Kingdom
8
Australia
1
Investor activity2015–2023 · investors recorded per year
20151201842019220232
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Piclo?
Piclo has 9 investors on record on gritt.io, including 1 early-stage backers, 4 mid-stage and 4 late-stage investors.
When did Piclo last raise funding?
The most recent investment in Piclo recorded on gritt.io was in March 2023.
When was Piclo founded?
Piclo was founded in 2013.
What industry is Piclo in?
Piclo operates in Services for Renewable Energy. Find similar Services for Renewable Energy investors on gritt.io.
Where is Piclo based?
Piclo is headquartered in London, United Kingdom.