a year ago
Reactive Technologies Secures £25 Million in Series D Funding for Global Expansion
Reactive Technologies, a grid resilience technology company based in London and Finland, has raised £25 million in Series D funding led by M&G’s Catalyst, alongside BGF and Breakthrough Energy Ventures
The company plans to use the funds for global expansion and hiring, advancing the realization of contracted projects worldwide
Reactive Technologies' products, including GridMetrix®, provide transparency to grid operations by measuring grid inertia and other functions with high accuracy
The company has worked with leading electric utilities globally and aims to accelerate the transition to clean energy.
ProblemTechnology Infrastructure
"Moving to renewable energy sources like wind and solar creates instability in the electrical grid as they are intermittent. This makes it hard to predict and manage electricity supply, leading to blackouts and wasted energy."
Solution
"Reactive Technologies provides grid stability measurement technology that helps grid operators understand the electrical grid in real-time. Their technology improves the accuracy and reliability of grid data, helping them plan better, use electricity more efficiently, and reduce the risk of blackouts. "