Piclo
The leading independent marketplace for flexibility services
London, United Kingdom
28 employees
Venture round
Total: $15.88M
Energy
General Information
London, United Kingdom
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United Kingdom Market
Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.
Piclo had productive conversations with smartEn Smart Energy Europe during FLEXCON 2026, indicating potential future collaboration.
Piclo has launched support for Local Voltage Management (LVM), a brand-new flexibility service, enabling procurement for active voltage management across 100 low-voltage zones.
Over 2.8TWh of flexibility is required across 800+ zones for National Grid Electricity Distribution's long-term competitions now live on the Piclo platform.
Piclo's VP of Market Development, Dain, is attending the Data Center World AFCOM event in Dallas to discuss solutions for data centre power challenges.
Piclo has entered a strategic collaboration with National Grid, enabling the utility to procure over $20 million in Non-Wires Alternative solutions via Piclo's marketplace in Upstate New York.
Piclo highlights its ongoing collaboration with National Grid, among other utilities across Europe, the US and Australia, using distributed flexibility to manage network constraints.
+2 more signals in last 30 days
About Piclo
Business keywords: Smart Grid, Flexibility Services, Electric Vehicles, Batteries, Energy Market Access, Decarbonisation, Grid Optimization, Flex Capacity Management, Technology Innovation, Smart Energy Solutions, Distribution Network Management, Sustainable Grid Solutions
Services & Products
Target Customers
Funding Rounds & Investors (12)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Venture Series Unknown | Undisclosed | - |
|
20 Aug 2024 |
| Series B | £8.30M | 6 |
|
22 Mar 2023 |
| Series A | £4.70M | 3 |
|
06 May 2021 |
| Grant | £539.10K | 2 |
|
01 Apr 2019 |
| Seed Round | £520.15K | 2 |
|
01 Sep 2018 |
| Grant | £412.50K | 1 |
Department for Business, Energy and Industrial Strategy
|
01 Sep 2017 |
| Seed Round | £400.42K | 1 |
Ian Marchant
|
01 Dec 2016 |
| Seed Round | £303.13K | 2 |
|
01 Nov 2015 |
| Seed Round | £185.00K | 2 |
|
01 Apr 2015 |
| Non Equity Assistance | Undisclosed | 1 |
|
05 Nov 2014 |
Latest News
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FAQ About Piclo
Source: BounceWatch company record for Piclo, https://bouncewatch.com/company/piclo, updated 25 September 2026. When citing, please name BounceWatch and link this page.
