# Eddy Grid

**Source:** https://www.startuphub.ai/startups/eddy-grid
**Profile type:** Startup

> EnergyTech startup optimizing renewable energy assets through advanced algorithms.

## About

Eddy Grid is an EnergyTech startup based in Utrecht, Netherlands, that develops advanced algorithms to maximize the yields of renewable energy sources such as solar panels, wind turbines, and battery systems. They achieve this through real-time optimization on energy markets. The company has experienced significant revenue growth and is cash-flow positive. They aim to strengthen their position as a market leader and accelerate the transition to a sustainable energy grid in Europe.

## Key facts

- **Slug:** eddy-grid
- **Website:** https://eddygrid.com/
- **Location:** Utrecht, Netherlands
- **Founded:** 2023-01-01 00:00:00
- **Employees:** 60
- **Operating status:** Active
- **Total funding:** $8M
- **Sectors / tags:** Energy, Artificial Intelligence, Cleantech, Energy Storage, Smart Grid, AI-Driven Grid Balancing, Renewable Energy, Climate Tech, API Platform

## Frequently asked

### What does Eddy Grid do?

Eddy Grid is an EnergyTech startup based in Utrecht, Netherlands, that develops advanced algorithms to maximize the yields of renewable energy sources such as solar panels, wind turbines, and battery systems. They achieve this through real-time optimization on energy markets. The company has experienced significant revenue growth and is cash-flow positive. They aim to strengthen their position as a market leader and accelerate the transition to a sustainable energy grid in Europe.

### How much funding has Eddy Grid raised?

Eddy Grid has raised a total of $8M in funding. The most recent round on record is Growth.

### Where is Eddy Grid headquartered?

Eddy Grid is headquartered in Utrecht, Netherlands.

### When was Eddy Grid founded?

Eddy Grid was founded in 2023.

### What industry does Eddy Grid operate in?

Eddy Grid operates in Energy, Artificial Intelligence, Cleantech, Energy Storage, Smart Grid, AI-Driven Grid Balancing.

### How many employees does Eddy Grid have?

Eddy Grid has approximately 60 people on record.

### What is Eddy Grid's revenue?

StartupHub estimates Eddy Grid's annual revenue at $41.1M (range $22.3M to $111.6M, 71% confidence), based on comparable companies in the sector.

### What is Eddy Grid's valuation?

StartupHub estimates Eddy Grid's effective valuation at $1.1B (range $748.0M to $1.4B, 43% confidence), based on comparable companies in the sector.

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