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242 Barcelona’s Tether raises €1.3M post-Spain blackout to tackle EU’s €135B/year grid instability risk

Silicon Canals
Vishal Singh @ Silicon Canals · 06/19/2025 03:00 EDT

Barcelona’s Tether raises €1.3M post-Spain blackout to tackle EU’s €135B/year grid instability risk

Barcelona-based Tether, a clean energy startup, has secured $1.5M (nearly €1.3M) in pre-seed funding to accelerate its AI-coordinated electric vehicle grid integration technology. Draper B1 and K Fund led the round. Draper B1 forms the Southern European arm of the Draper Venture Network, a global alliance of 25 independent VC firms with 600+ portfolio investments. ... Read more

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