AutoGrid, founded in 2011, has made significant strides in the AI, Analytics, Computing, Energy, IoT, Renewable Energy, and Energy Storage industries. With headquarters in the United States, the company established itself as a leader in providing innovative energy solutions, reflected in their ambitious slogan, "Lead in the New Energy World".
Recently acquired by Uplight, AutoGrid and its acquirer are poised to broaden their clean energy offerings globally, enhancing capacity management and expanding into new markets. The synergy from this acquisition could position them as formidable players in the evolving energy market landscape.
Prior to their acquisition, AutoGrid secured a notable $85.00M Series D investment in October 2021, attracting notable investors such as GS Futures, Shell Ventures, SE Ventures, Microsoft Climate Innovation Fund, Moore Strategic Ventures, National Grid Partners, TotalEnergies Ventures, and SolarEdge Technologies. This substantial backing showcases investor confidence in their strategic vision and potential for significant scale and impact in the renewable energy sector.