Greencoat Capital is a specialist asset manager dedicated to the resource efficiency and renewable energy sectors. ESB Novusmodus LP is a €200m cleantech fund. ESB, the leading Irish utility, is the sole investor in the fund and provides with a unique platform of support and know-how, allowing them to examine potential investments with a high level of technical rigour, and provide a significant and differentiating level of support for those companies within the portfolio. As well as direct utility perspective, Greencoat Capital gains from ESB's international reach, and standing as a state utility. They also regularly leverage expertise from ESB's dedicated teams in Wind, EV, Biomass, Wave, Smart Grid, Smart Meter, ESCO, and other core utility sectors. They pass on these benefits to the fund's portfolio companies. ESB's aim is to provide capital, support, and knowledge to enterprises in the clean energy and energy efficiency sectors, exploiting the commercial opportunities brought about by a large scale transition to a low carbon global economy. Their team is based in London, Dublin and Munich, and they have a global mandate with a European focus.

Greencoat Capital

Technology-focused, investing capital and expertise to fuel growth in the most promising ideas and companies. Raised c.€600m across multiple funds and invest from seed to growth. We look for companies with potentially cutting-edge, category-defining businesses in markets including application software, IT infrastructure, communications, Internet and mobile. We help founders create and scale businesses globally. We work as a small team with diverse strengths accessing a community of over 200 founders.  The teams and companies we back scale their investor base as they scale their business execution and ambition. We work closely with them in this process. Over the past 25 years have built a broad network of US and European investors and founders that share our vision and approach. Act is based in Dublin, Ireland. Our most recent funds are supported by the European Investment Fund.

Act Venture Capital

Tribal.vc was founded in 2014 to invest in the next generation of breakout Irish tech companies. We typically lead or co-lead 4 - 6 new investments per year, investing between $200,000 and $2M, and specialize in SaaS, for both enterprise and SMB.   Tribal’s founders, Conor Stanley and Barry Mulligan, have backed and helped scale over 20 enterprises.

Tribal.vc

EDP ​​is a global energy company in value creation, innovation and sustainability. They include in their cultural values and commitments regarding their customers, society, and environment.  Their vision to be an integrated energy company, a leader in value creation in the markets where they can make a difference is shared by the universe of EDP employees, spread across different continents and countries, a diversity that enriches us and brings us together in the respect for the different cultures of the markets where they operate.  They are among the major European operators in the energy sector; they are one of the largest energy operators of the Iberian Peninsula, the largest Portuguese industrial group and the 3rd largest producer of wind energy.  Besides the electricity sector - generation, distribution, and trading - they also have a significant presence in the gas sector of the Iberian Peninsula.  They integrate the Dow Jones Sustainability Indexes (World and STOXX), the world's most demanding ranking, that distinguishes the best-performing companies on issues related to transparency, sustainability, and excellence in economic management and social environment. EDP was founded in 1976 and is headquartered in Lisboa, Portugal.

Energias de Portugal

TotalEnergies Ventures is the venture capital arm of Total. As part of Total's commitment to a better energy future, TotalEnergies Ventures is focused on finding, funding and fostering high-potential start-ups which will contribute to creating a low carbon future. Current areas of interest include Renewables, Distributed Energy, New Mobility, Energy Access, Energy Storage, Bio-Plastics, Circular Economy, Carbon Capture and Hydrogen.

TotalEnergies Ventures

ESB International (ESBI) is a growing international energy company and one of Europe's leading engineering and consultancy organisations.  They are responsible for the non-regulated businesses in ESB and operate across a wide area of the energy industry.  They also provide engineering design, construction management and strategic consultancy services to clients in Ireland and to the power sector worldwide.

Klima is a personal climate action app. With Klima, everyone can calculate their personal carbon footprint and understand the climate impact of their own lifestyle. Users can offset their emissions by supporting science-backed projects that remove or prevent the same emissions elsewhere. Next, the app helps to shrink one's personal footprint through climate education, customized tips, and achievments. Klima was founded in 2019 and is headquartered in Berlin, Germany.

Klima

ABB is engaged in power and automation technologies. The company provides a range of products, systems, solutions, and services. Its power businesses focus on power transmission, distribution, and power-plant automation and serve electric, gas and water utilities, as well as industrial and commercial customers. Its automation businesses serve a range of industries with measurement, control, protection, and process optimization applications. It operates in approximately 100 countries across four regions: Europe, the Americas, Asia, and the Middle East and Africa (MEA). During the year ended December 31, 2011, the business consisted of five divisions: Power Products, Power Systems, Discrete Automation and Motion, Low Voltage Products and Process Automation. On January 26, 2011, the company acquired Baldor Electric Company (Baldor). In May 2011, it purchased a controlling interest in United States-based Validus DC Systems.

Constellation Energy is a leading supplier of energy products and services to wholesale and retail electric and natural gas customers. It owns a diversified fleet of generating units located in the United States and Canada, totaling approximately 9,000 megawatts of generating capacity, and is among the leaders pursuing the development of new nuclear plants in the United States. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $15.6 billion in 2009.

Constellation Energy

Yokogawa Electric Corp. engages in cutting-edge research and innovation. Yokogawa is active in industrial automation and control. This segment plays a vital role in a wide range of industries including oil, chemicals, natural gas, power, iron and steel, pulp and paper, pharmaceuticals, and food.

Yokogawa Electric Corp.

Energy Impact Partners LP (EIP) is a global venture capital firm leading the transition to a sustainable future. EIP brings together entrepreneurs and the world's most forward-looking energy and industrial companies to advance innovation. With over $2.5 billion in assets under management, EIP invests globally across venture, growth, credit, and infrastructure.

Energy Impact Partners

Mirova is an investment manager dedicated to sustainable investing through a conviction-driven approach. Mirova provides its clients with investment solutions that combine financial performance with environmental and social impact. Mirova's diverse expertise, as well as its ability to innovate and form alliances with the best experts, enable them to direct capital toward the needs of investment in a real, sustainable, and value-creating economy.

Mirova

GridBeyond

GridBeyond is the developer of an artificial intelligence platform aimed at achieving a global zero-carbon future. The company provides AI-powered services and storage to help customers achieve a zero-carbon future by bridging the gap between distributed energy resources and electricity markets, allowing them to access utility-scale renewables generation, battery storage, or industrial load that can be used to maximize opportunities and improve the grid.

GridBeyond is a leading intelligent energy and smart grid platform provider that helps businesses unlock the full potential of their energy assets to ensure sustainability, resilience, and affordability as the world transitions toward a zero-carbon future. The company's AI platform bridges the gap between distributed energy resources such as utility-scale renewables generation, battery storage, and energy demand load, and the requirements of the power grid. This enables stakeholders across the energy value chain, from generators and network operators to end-users, to optimize energy use for price and carbon footprint.

Dublin-based GridBeyond closes €52 million Series C to continue its intelligent energy platform evolution

Irish smart energy company GridBeyond is turning up its voltage Stateside as it acquires Veritone’s energy business

GridBeyond to provide battery energy storage systems for two Irish data centres

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Artificial intelligence for the energy transition

Irish Energy Technology Company GridBeyond and Irish Prime Minister Meet to discuss Deployment of Artificial Intelligence-based Demand Response for Large Industrial Customers in Japan

An award-winning provider of AI-powered Energy Services

GridBeyond implements Irish battery

GridBeyond to provide 8MW of Irish BESS capacity

Energy management startup GridBeyond closes €52m funding round

Technologies that automate and optimize building operations using data-driven insights.

Smart Building Technology

Triodos fund commits €11.25m for joint venture with GridBeyond

GridBeyond is a leading intelligent energy and smart grid platform provider that helps businesses unlock the full potential of their energy assets to ensure sustainability, resilience, and affordability as the world transitions toward a zero-carbon future. The company's AI platform bridges the gap between distributed energy resources such as utility-scale renewables generation, battery storage, and energy demand load, and the requirements of the power grid. This enables stakeholders across the energy value chain, from generators and network operators to end-users, to optimize energy use for price and carbon footprint.
In April 2024, GridBeyond closed a EUR 52 million Series C financing round led by Alantra's Energy Transition Fund, Klima. The funding will be used to further evolve GridBeyond's technology, demonstrate its leadership in Grid Edge Virtual Power Plant (VPP) worldwide, and facilitate the company's expansion into new markets as regulatory environments and renewable penetration levels progress.
In 2023, GridBeyond expanded its team across the deregulated markets in the US, acquired Veritone Business Energy, and launched a suite of new products. Over the past three years, the company has been increasing its annual revenue by an average of 70% per year, with a forecast of similar growth in 2024.
In June 2024, GridBeyond announced the installation and management of battery energy storage systems (BESS) at two data centers in Ireland owned by Keppel DC REIT. The project includes two 2MW/2.2MWh BESS at the Citywest site and a 4MW/6.1MWh BESS at the Ballycoolin site, adding 8MW of flexible capacity to the grid before the winter peak demand period.

Verkada is a leading provider of a cloud-based physical security platform designed to protect people and assets. The company offers an integrated suite of solutions comprising video security cameras, door-based access control, environmental sensors, alarms, visitor management, and mailroom management. Verkada's hybrid cloud architecture leverages edge-based processing and cloud computing capabilities to deliver real-time insights and seamless remote access.
Verkada's innovative camera lineup includes a wide range of models suitable for indoor and outdoor deployments, with resolutions ranging from 2MP to 4K and onboard storage capacity of up to 365 days. The cameras feature powerful analytics like people and vehicle detection, enabling users to search and filter footage based on various attributes.
Verkada's Command platform serves as a centralized, user-friendly interface for managing and monitoring all devices across multiple locations. It offers advanced features such as face search, cross-camera tracking, and proactive alerts, empowering organizations to streamline investigations and enhance overall security posture.
As of June 2024, Verkada's platform is trusted by over 24,000 organizations worldwide, including several Fortune 500 companies. The company has continually expanded its product offerings and capabilities, introducing solutions like a multisensor camera, advanced air quality sensors, and a 16-door access controller in November 2022 to meet evolving customer needs.

Verkada

Cloudastructure is a cloud-based video surveillance provider that offers an artificial intelligence (AI) and machine learning (ML) powered platform. The platform utilizes proprietary technology to enable real-time monitoring, detection, and analysis of video footage. It offers features such as facial recognition, age and gender prediction, vehicle detection and color recognition, license plate recognition, object counting, and firearm detection. Cloudastructure's solution operates on a scalable cloud architecture, eliminating the need for on-premises hardware and associated costs.
The platform provides advanced search capabilities, customizable alerts and notifications, and integrates with various security systems. In January 2022, Cloudastructure acquired Visionful, a smart parking technology solution, to enhance its offerings with parking management and analytics capabilities. The company also announced plans to acquire Infrastructure Proving Grounds (IPG), an IoT cybersecurity monitoring service, to strengthen its cybersecurity offerings.
As of January 2022, Cloudastructure reported an annual recurring revenue (ARR) of over USD 1.3 million, representing a 1400% growth from the previous year. The company's sales pipeline grew from USD 60,000 in January 2021 to USD 10.5 million by January 2022, reflecting significant market traction.
In March 2023, Cloudastructure integrated remote guarding capabilities into its platform, enabling real-time intervention and deterrence of suspicious activities through virtual patrols, voice-down alerts, and escalation to law enforcement when necessary. The remote guarding feature has become a key differentiator, included in over 75% of the company's proposals as of August 2023.

Cloudastructure

Faceter is a computer vision surveillance technology that leverages a decentralized fog network of miners to provide smart security solutions for households and businesses worldwide. Their facial recognition technology, which has been independently tested and proven to have a 99.78% accuracy rate, enables users to set up their own CCTV systems using old smartphones or IP cameras. By activating facial recognition on these devices, Faceter allows users to detect potential threats and monitor their premises effectively.
The Faceter platform operates on a token economy, where users can contribute their GPU power to the decentralized network and earn FACE tokens in return. These tokens can then be used to pay for the computing power required to run the facial recognition and surveillance capabilities. Faceter's technology offers a range of features, including facial recognition, age detection, and person re-identification across multiple cameras.
In addition to its smart security solutions, Faceter provides easy integration with existing CCTV systems and apps, allowing users to enhance their surveillance capabilities seamlessly. The platform also offers a cloud-based storage solution for video data, ensuring secure and reliable access to recorded footage.
In February 2022, Faceter introduced a mobile video surveillance service that eliminates the need for additional equipment like servers. This service utilizes a cloud-based platform for storing and analyzing video data, providing a cost-effective and secure alternative to traditional surveillance systems.

Faceter

Blink Identity is a company that provides a privacy-focused facial recognition technology for access control and identification purposes. Their system utilizes proprietary biometric facial recognition software combined with specialized hardware to accurately identify individuals at full walking speed, even in varying lighting conditions. The technology does not store photographs; instead, it converts facial images into unique encrypted templates for comparison against enrolled templates securely stored in an encrypted database.
Blink Identity offers a "VIP Lane" service at venues, allowing streamlined entry for guests who have enrolled by providing their name, email address, and a forward-facing photograph taken with their cellphone camera. This photograph is converted into a template and associated with the user's ticket or event details. At the venue, high-speed machine vision cameras capture images of attendees, convert them into templates, and match them against the enrolled templates, facilitating expedited access while preventing fraud.
The company prioritizes data security and privacy, adhering to strict policies and procedures. In April 2022, Blink Identity successfully completed the Service Organization Control (SOC) two Type one audit, demonstrating its commitment to maintaining robust security controls for data processing and handling.

Blink identity

Augury is a leading provider of AI-based machine health solutions that enable manufacturers to predict and prevent industrial machine failures, thereby improving machine performance. The company's technology combines the internet of Things (IoT), AI, and human expertise to monitor machines continuously, diagnose issues, prescribe corrective actions, and guide users in implementing those actions.
Augury offers two primary solutions: Machine Health for Critical Equipment (MH CR) and Machine Health for Supporting Equipment (MH SE). MH CR provides precise fault diagnostics, root cause analysis, and detailed instructions to avert machine failures and optimize performance, backed by Augury's reliability engineers. MH SE enables users to quickly determine the severity of potential issues and perform proactive maintenance.
The process involves installing wireless sensors on machines to capture data, which is then transmitted to Augury's secure cloud for analysis by advanced AI algorithms. Diagnostic reports are sent to users, providing insights, recommended actions, and user guides. As of October 2022, Augury had diagnosed over 100,000 machines with 99.9% accurate diagnosis, helping global customers achieve 3-10x return on investment within months.
In December 2019, Augury received an USD 8 million investment from Qualcomm Ventures' AI Fund, recognizing its leadership in the Industrial internet of Things (IIoT). The investment aimed to accelerate the transformation of the industrial sector by leveraging 5G technologies for improved machine health solutions.

Augury

Platforms that automate building management. They gather and analyze data from multiple components, including hardware and sensors, and use a combination of technologies such as IoT, cloud computing, and machine learning for data-driven, proactive, and real-time building intelligence and controls.

Solutions that automatically adjust energy consumption using optimization algorithms, taking into account factors such as energy demand, weather, occupant comfort, and utility prices. These systems aim to reduce energy consumption, cost, and emissions without compromising occupant experience.

Smart lighting solutions include providers of hardware (e.g., smart light bulbs, smart windows, and shades) and lighting-as-a-service.

Smart HVAC solutions include sensors that integrate with building automation systems and specialized HVAC equipment that uses data gathered by sensors to manage temperature, humidity, and air flow. They aim to enhance occupant experience through improved comfort and indoor air quality whilst optimizing energy consumption and utility costs.

Providers of smart water management solutions including irrigation, leak detection, water health monitoring, and water usage analysis.

Developers of smart security solutions including security cameras, sensors, alarms, and access control combined with cloud-based software, and providers of video surveillance-as-a-service and access control-as-a-service.

Occupant experience platforms connect building owners, operators, and occupants to share information and feedback on comfort, maintenance, and safety. Rating systems allow building operators to measure, manage, and disclose key indicators such as ESG performance, digital connectivity and health and safety, assess their exposure to climate risk, and avail themselves of sustainable finance opportunities.

Providers of smart elevators and escalators as well as people-sensing platforms.

Technologies that monitor restroom usage, supplies, traffic, and maintenance.

Companies that use GenAI as a core part of their smart building product offering

Smart building technology companies use GenAI to optimize energy usage, enhance occupant comfort, and streamline building management processes

Smart buildings are a component of smart cities

Companies aim to provide sustainable solutions for energy and water usage

Smart building tech includes reducing energy and water consumption through recycling

Internet-enabled monitors and sensors optimize energy and water use and manage occupancy and security

Smart building tech products can monitor energy consumption and occupancy and adjust usage accordingly

Certain functions, such as HVAC, can be personalized

Moving industry forward with next-gen advancements in energy storage and transmission

GridBeyond

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