Fundz

Gridio raised €2.4M in a seed round led by Neokapital to support its expansion across Europe for smart energy management solutions.

PRIVATEJan 29, 2025

Amount Raised

€2.4 Million

Round Type

Seed

TallinnEnergySoftwareRenewable EnergySolar

Investors

EncevoSmartcapRenergyNeokapital

Description

Tallinn-based Gridio has raised €2.4 million in a seed round led by Neokapital, with backing from Encevo, Smartcap, Renergy, and existing investors. The funding will be used to enhance its software that connects EVs, solar panels, and home batteries to electricity markets.

Quick answer

Gridio raised €2.4 Million in a Seed round, dated January 29, 2025. Investors: Encevo, Smartcap, Renergy and Neokapital. Gridio is based in Tallinn, Harju Maakond, Estonia.

How much did Gridio raise?
Gridio raised €2.4 Million in a Seed round on January 29, 2025.
Who invested in Gridio?
Encevo, Smartcap, Renergy and Neokapital are named as investors in this round.
What does Gridio do?
Gridio is an Estonian software company specializing in smart energy management for electric vehicles and distributed energy devices.
Where is Gridio based and how big is it?
Gridio is based in Tallinn, Harju Maakond, Estonia. Fundz records about 10 employees.
Who are the decision-makers at Gridio?
Fundz holds 1 contact at Gridio. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Gridio that raised within 45 days of this round, from Fundz verified event records.

  • Podero raised $5.7M (Seed) on February 6, 2025.
  • Crusoe raised $600 (Series D) on December 16, 2024.
  • Terabase Energy raised $130M (Series C) on March 14, 2025.
  • AmpereHour Energy raised $5M (Funding Round) on March 12, 2025.
  • Sunraycer raised $200M on March 6, 2025.
  • Installer raised $4M (Seed) on March 4, 2025.

Who to call at Gridio, and when

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Company Information

Company

Gridio

Location

Tallinn, Harju Maakond, Estonia

About

Gridio is an Estonian software company specializing in smart energy management for electric vehicles and distributed energy devices. Founded in 2018, the company develops a platform that connects EVs, solar panels, and home batteries to electricity markets, enabling automated charging and energy use optimization based on price fluctuations and grid conditions. By integrating with a wide range of energy hardware, Gridio aims to reduce costs for consumers, support grid stability, and help energy providers manage demand more efficiently.

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