Granular Energy raises €7.5m to improve transparency in the green energy industry | Granular Energy
Summary
The demand for clean energy, and the certificates used to verify these purchases, is booming in response to concerns over climate change and the desire from organisations and individuals to reduce their carbon emissions. Start-up Granular Energy is seeking to address a lack of transparency in this market that is also holding back funds from being directed toward technologies that deliver clean energy at the times and locations it is most needed.Today, the company can announce that it has secured 7.5 million in seed funding, in a round led by impact venture capital firm Norrsken VC, with support from All Iron Ventures, Box Group, Valo Ventures, and participation from existing investors Seedcamp, Revent and Powerhouse Ventures.How green is your green energy? This transparency incentivises the adoption of batteries and other technologies, like demand response or clean firm generation, that help deliver carbon-free energy at the times when it is most needed, for instance when wind and solar are not available. The current approach of matching clean energy supply and demand annually doesnt send this signal so has limited impact in encouraging the technologies that are most needed to decarbonize our electricity grids. We believe in the teams vision to drive substantial change and make greener energy not only more readily accessible and understood but the norm.