AutoGrid, the distributed energy management platform backed by Stanford, will use the capital from the Eon, CLP, Innogy, Total, Ørsted and Tenaska-backed round to boost hiring.
AutoGrid, a US-based distributed energy management system developer backed by Stanford Universtiy, completed a $32m series D round on Monday that included energy utilities Eon, CLP and Innogy, petroleum supplier Total and power producers Ørsted and Tenaska.
Investment firm Energy Impact Partners (EIP), growth equity firm Clearsky’s Power & Technology Fund and venture capital firms Foundation Capital and Envision Ventures also took part in the round. Total invested through its Total Energy Ventures unit.
Founded in 2011, AutoGrid…
