HYDROGRID, founded in 2016 and headquartered in Austria, offers a cutting-edge integrated water management and production planning platform crafted specifically for hydropower plants. By leveraging real-time data, HYDROGRID enables operators to swiftly adapt to dynamic weather and power market changes, optimizing plant operations for maximum efficiency and energy production.
This innovation sits at the intersection of Energy, Renewable Energy, SaaS, and Energy Efficiency sectors. The platform supports predictive water management, automates constraint handling, and enhances maintenance and power trading strategies, driving increased revenue and operational synergy for hydropower plant teams.
In December 2023, HYDROGRID received a €7.70M Series A investment from notable investors SET Ventures, Karma Ventures, CNB Capital, and Inven Capital, underscoring significant confidence in the company's potential to facilitate the energy transition.