Stanford-backed energy management platform operator AutoGrid secured its latest funding from a host of corporates led by Schneider Electric.
AutoGrid, a US-based energy management technology developer backed by Stanford University, has obtained $85m in series D-2 financing led by SE Ventures, the corporate venture capital arm of energy and automation system producer Schneider Electric.
Solar inverter producer SolarEdge Technologies, software provider Microsoft’s Climate Innovation Fund, conglomerate GS Group, oil and gas suppliers Shell and TotalEnergies, energy provider National Grid and Moore Strategic Ventures also took part in the round.
GS Group, National Grid, Shell and TotalEnergies were represented by…