AmpUp, a leading electric vehicle (EV) charging platform company, has secured $15 million in Series A funding, led by Touchdown Ventures, to accelerate its U.S. market expansion and advance its energy management solutions for the EV charging sector.
Results for: Energy Management
Energy Toolbase and Stellar Solar have teamed up to implement an advanced energy management solution at a 23-acre transportation terminal in Mira Loma, California. Utilizing Energy Toolbase’s Acumen EMS controls software and BYD’s battery solutions, the project aims to significantly reduce demand charges and optimize energy consumption, resulting in substantial cost savings for the facility.
EIPGRID, a leading energy management technology provider, has announced the launch of its Virtual Balancing Core Technology, a groundbreaking set of portfolio and balancing processes designed to revolutionize energy management and accelerate the global transition to clean energy. This innovative technology enables cost-efficient decarbonization, advanced energy orchestration, and comprehensive energy insights, providing solutions for the entire energy value chain.
The global smart home market is experiencing rapid growth, driven by the adoption of energy management devices like smart thermostats, lights, and plugs. ABI Research predicts shipments of these devices will surge from 230.9 million in 2024 to over 584 million by 2030, with Western Europe and North America leading the charge. Factors like increased Wi-Fi connectivity, competitive pricing, and government incentives are fueling this trend. As the market matures, vendors are focusing on customer engagement, ease of installation, and leveraging AI and ML to enhance user experience.
Verse, a software company focused on enabling organizations to understand, plan, and manage clean energy, has secured a Series A funding round led by GV (Google Ventures) with participation from Coatue, CIV, and MCJ Collective. The investment will fuel Verse’s growth and enhance its software product suite, empowering more businesses to reduce both the cost and emissions of their electricity. Verse’s AI-enabled software platform, AriaTM, empowers buyers to determine goals and create roadmaps for optimal, least-cost clean energy portfolios efficiently and cost-effectively.
Redaptive’s Energy-as-a-Service and data solutions have garnered recognition in the 2024 Environment+Energy (E+E) Leader Awards. Their Redaptive ONE solution, implemented by WPT Capital Advisors, has been awarded the Top Project of the Year Award for Software Implementation. This accolade highlights Redaptive’s commitment to driving progress in environmental and energy management.