4 years ago

Origami Secures £20.5 Million Series C Funding Led by Barclays

  • Origami, a Cambridge-based greentech company, has raised £20.5 million in Series C funding led by Barclays PLC

  • The investment will be used to enhance Origami's products, serve a growing customer base, and scale-up for international markets

  • The funding round highlights the increasing investor appetite to back leading tech companies aiming to reduce global carbon emissions

  • Origami develops technology to monitor, communicate with and control a large distributed network of energy-generating, energy-using, and energy-storing assets connected to the electricity grid

  • The company's software solutions help energy companies thrive amid more complex and volatile energy markets.

      • ProblemTechnology

      "Managing the increasingly complex and volatile energy grid due to the transition to renewable energy sources."

      Solution

      "Origami provides a real-time trading and automation software platform that uses machine learning to help energy companies monitor, control, and optimize their energy assets, facilitating the transition to a greener and more efficient grid."

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