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80 Growing pressure on Europe’s electricity grids drives €11 million for Capalo AI to scale virtual power plant operations

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David Cendon Garcia @ EU-Startups 3 place · today 05:28 EDT

Growing pressure on Europe’s electricity grids drives €11 million for Capalo AI to scale virtual power plant operations

Helsinki-based sustainable technology company Capalo AI today announces an €11 million Series A funding round to accelerate the rollout of its AI-powered virtual power plant across Europe and scale the optimisation and trading of battery energy storage systems. The round was led by Heartcore Capital, with participation from Tesi (Finnish Industry Investment) and full re-participation ...

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