Gridcog, a platform for modelling energy flexibility, has raised £7 million in a Series A investment round led by ABB, with participation from Axpo, DNV Ventures and Verbund X Ventures. Gridcog supports project decisions across storage, flexible load, renewables and hybrid energy assets, and is relied on by energy professionals including Octopus Energy Generation, Shell, Greenvolt, NextEnergy Capital, European Energy, Vestas and PwC. The round continues with the support of existing shareholders AlbionVC and Clean Energy Finance Corporation.
As the energy transition shifts from simply adding more renewables to making renewables-heavy energy systems work, developers and operators need more storage, more flexible load, smarter grid connections and more sophisticated project design. Gridcog's multi-market and multi-asset simulation software addresses this by giving energy professionals a single platform to model generation, storage, flexible load, grid constraints, network tariffs and market participation across the full project lifecycle. With offices in London, Berlin, Madrid, Perth and Melbourne, the platform has been used to model more than 16,000 energy projects across more than 40 countries, supporting hundreds of billions of dollars of investment into the energy transition. The insights delivered enable rapid decision-making on project type, location and market, including whether to develop co-location, hybridisation, storage assets and trade in ancillary market structures.
Originally founded in Australia, Gridcog was co-founded by Fabian Le Gay Brereton, who serves as Chief Executive Officer, and Pete Tickler, who serves as Chief Product Officer.
The strategic significance of today's round lies as much in who is investing as in the capital itself. ABB, Axpo, DNV and Verbund span industrial electrification, energy consulting, and large-scale generation and trading: the parts of the industry whose own projects depend on getting project decisions right. Their collective backing is a signal that transparent, rigorous modelling is becoming foundational for the energy transition, not a nice-to-have. Renewables completely dominate new power additions worldwide, but renewables-dominant power systems need an enormous amount of flexibility. This is where the energy transition will be won or lost, and right now flexibility is the hardest thing to model well. The investment from ABB, Axpo, DNV and VERBUND underlines the value and growth potential that Gridcog offers.
The demand we're seeing is global, from developers, utilities and energy majors who have outgrown the tools and processes that they started with and need something that works and is trusted across all their projects and markets. The backing of our new investors validates the scale of the problem that we are solving, and the role Gridcog can play, as flexibility becomes central to the energy transition.
The energy transition increasingly depends on projects that combine renewables, storage and flexible loads, making accurate modelling more important than ever. Together, ABB and Gridcog will help customers navigate this complexity, enabling more confident project decisions with greater visibility of financial returns, carbon outcomes and long-term value.
Gridcog turns weeks of spreadsheet modeling into hours of fast, transparent analysis, a natural complement to DNV's data and advisory expertise. Accelerating energy transition projects is essential to meeting global decarbonisation targets, and by bringing our trusted data into Gridcog's platform, we can help developers make faster, more bankable decisions far earlier in a project's life. We're excited to invest with ABB, Axpo and VERBUND, and to collaborate with these notable industrials, looking forward to supporting the Gridcog team in scaling across Europe and beyond.
