GridBeyond announced that Samsung Ventures has joined its shareholder base as part of a €12 million equity investment round, alongside existing investors including Alantra’s Energy Transition Fund, Klima, Energy Impact Partners, Mirova, ABB, Constellation Technology Ventures, and Act Venture Capital.
The funding will support GridBeyond’s expansion across key markets including the UK, Ireland, the United States, Japan, and Australia, while advancing its platform for optimizing distributed energy assets.
GridBeyond develops technology that enables real-time orchestration of distributed energy resources such as renewable generation, battery storage, and industrial demand. Its platform uses AI-driven forecasting, optimization, and automated dispatch to participate in energy markets, including energy arbitrage, frequency response, and capacity services, while managing asset-level constraints and degradation.
The company will collaborate with Samsung to explore opportunities in energy trading, asset optimization, and energy services, aiming to enhance grid stability and accelerate decarbonization. The partnership is expected to combine GridBeyond’s software platform with Samsung’s expertise in renewable assets, battery development, and energy technology.
GridBeyond said its platform helps asset owners and energy consumers unlock new revenue streams, improve resilience, and manage price volatility while contributing to a transition toward a net zero energy system.
KEY QUOTES
“GridBeyond has demonstrated exceptional technical expertise and global traction in a rapidly evolving energy landscape. Their ability to deliver real-time demand response, optimise renewable and battery assets, and enable intelligent energy trading across markets such as the United States, Australia, and Japan positions them as a key enabler of smarter energy systems and greater grid resilience. We are pleased to invest in a company developing technologies that accelerate decarbonisation and support a more sustainable and digitised world.”
Spokesperson, Samsung Ventures
“We are delighted to welcome Samsung as both a shareholder and collaboration partner, it is recognition that GridBeyond has developed a world leading integrated optimisation platform. Samsung’s deep expertise in renewable asset and battery development, EPC, energy technology, and trading experience complements our platform and accelerates our ability to deliver highly reliable, market-ready optimisation and trading solutions at global scale.”
Richard O’Loughlin, Deputy CEO, GridBeyond
“This partnership will deliver world-leading products for renewable and battery developers, enabling greater asset value, improved grid stability, and faster progress toward a decarbonised energy system.”
Michael Phelan, CEO, GridBeyond
