Gridcog Raises $10M Series A

Gridcog, based in Australia, is a provider of energy system modeling and optimization software that has raised $10 million in a Series A funding round. The company specializes in simulation software that helps developers, investors, and utilities evaluate and optimize complex renewable energy, battery storage, and electrification projects.

Investors

The funding round was led by ABB, an electrification and automation company. Additional participants included Axpo, DNV Ventures, and VERBUND X Ventures, alongside existing investors AlbionVC and the Clean Energy Finance Corporation.

Gridcog Use of Funds

Gridcog plans to use the new capital to scale its operations to meet growing demand across new markets and asset types, as well as to invest in its core energy system modeling capabilities.

About Gridcog

Founded in Australia in 2020 by energy technology entrepreneurs Fabian Le Gay Brereton and Pete Tickler, Gridcog provides energy system modeling and optimization software. The platform is designed to provide visibility into every assumption and interval, supporting complex energy transition projects with deterministic computational modeling.

Funding Details

Company Website: https://gridcog.com

Company: Gridcog
Raised: $10M
Round: Series A
Funding Date: July 14, 2026
Lead Investor: ABB
Additional Investors: Axpo, DNV Ventures, VERBUND X Ventures, AlbionVC, Clean Energy Finance Corporation
Software Category: Energy Technology
Source: https://www.esgtoday.com/energy-system-modelling-startup-gridcog-raises-10-million/?utmsource=rss&utmmedium=rss&utm_campaign=energy-system-modelling-startup-gridcog-raises-10-million