HYDROGRID

General Information

Company Name

HYDROGRID

Founded Year

2016

Location (Offices)

Austria +1

Founders / Decision Makers

Number of Employees

Industries

Energy, Renewable Energy, SaaS +1

Funding Stage

Series A

Social Media

HYDROGRID - Company Profile

HYDROGRID is an integrated water management platform designed for the optimal operation of hydropower plants. The smart hydro software solution provides comprehensive, predictive capabilities such as plant monitoring, predictive production planning, and insights for optimal trading, as well as environmental and maintenance management in a single tool. This allows hydro operations teams to optimize plant efficiency and collaboration, increase revenues, and produce more energy even with limited time and resources.

Founded in 2016 and headquartered in Austria, HYDROGRID received a noteworthy €7.70M Series A investment on 15 December 2023 from investors including SET Ventures, Karma Ventures, CNB Capital, and Inven Capital. The company operates within the Energy, Renewable Energy, SaaS, and Energy Efficiency industries.

HYDROGRID offers a promising solution for optimizing hydropower operations, positioning itself at the forefront of the energy transition. The recent investment signals confidence from prominent venture capital firms, signifying potential for growth and impact within the energy sector.

Taxonomy: Integrated Water Management, Hydropower Plant Optimization, Predictive Production Planning, Environmental Management, Maintenance Management, Smart Hydro Software, Renewable Energy Generation, SaaS Platform, Energy Market Optimization, Hydrological Forecasting, Machine Learning Algorithms, Electricity Market, Energy Transition, Power Plant Efficiency, Revenue Optimization