Granular Energy is a technology company.
Granular Energy has raised $10.0M across 2 funding rounds.
Granular Energy has raised $10.0M in total across 2 funding rounds.
Granular Energy has raised $10.0M in total across 2 funding rounds.
Granular Energy's investors include Active Impact Investments, Angel Invest, Atomico, Broadhaven Capital Partners, Buoyant Ventures, DST Global, Energy Impact Partners, Felix Capital, Foundamental, Lowercarbon Capital, Norrsken VC, Piton Capital.
Granular Energy is a Paris-based climate tech startup founded in 2021 that provides SaaS software for managing and trading clean energy, specializing in energy attribute certificates (EACs) like RECs, I-RECs, GOs, and REGOs to enable 24/7 carbon-free energy matching.[1][2][3] Its platform serves utilities, energy retailers, traders, brokers, and large energy buyers worldwide, solving the problem of opaque energy sourcing by offering hour-by-hour tracking, automated portfolio management, bespoke allocation algorithms, and verified reporting to accelerate the shift to renewables over fossil fuels.[1][4][7][8] With adoption by over 30 utilities across 10 countries, including npower, Smartest Energy, Drax, PPC, and JERA Cross, and recognition as Free Electrons Startup of the Year 2023, Granular demonstrates strong growth momentum through pilots, partnerships with power exchanges and grid operators, and a recent oversubscribed funding round providing a long runway.[2][3][6][8]
Granular Energy was co-founded in 2021 by Toby Ferenczi (CEO), Bruno, and Sam, who brought deep expertise in software, utilities, financial markets, and clean energy.[1][2] The idea emerged from their realization that traditional energy certificates fail to send accurate price signals for the energy transition, necessitating new tools for granular, time-stamped certificates to track hourly energy origins and drive investment in renewables and storage.[1][2] Toby Ferenczi also founded the non-profit EnergyTag, the international standards body for timestamped certificates (now independently run).[1][2] Early traction included rapid platform adoption by major providers in six countries, winning the 2023 Free Electrons global competition (judged by seven utilities from 500+ applicants), and securing pilots with utilities that evolved into long-term contracts.[2][6]
Granular Energy rides the global energy transition trend toward 24/7 carbon-free electricity, capitalizing on robust, tradeable hourly certificates to create price signals for storage, flexibility, and renewables amid rising decarbonization mandates and consumer demand for transparent green energy.[1][2][3] Timing is ideal with accelerating grid decarbonization, regulatory pushes (e.g., Japan's zero-CO2 guidelines, UK's ESNA approval), and corporate GX challenges, enabling utilities to scale next-gen products like location-based or hourly-matched renewables.[2][4][6] Market forces favoring it include Europe's/U.S. partnerships with exchanges/grid operators, non-profit standards like EnergyTag, and VC backing (e.g., JERA Ventures), positioning Granular to influence ecosystem-wide transparency and faster clean energy adoption.[1][2][3]
Granular Energy is poised for expansion with its well-funded runway, growing utility pilots turning into contracts, and tools modernizing EAC management for downstream suppliers.[3][6][8] Trends like stricter hourly matching regulations, AI-driven allocation, and global 24/7 clean energy standards will shape its path, potentially dominating as the go-to platform amid rising demand from utilities innovating green products.[1][4] Its influence may evolve by standardizing transparency, empowering consumers to drive market signals for a renewable-first grid—echoing its founding vision of a carbon-free world powered by accessible clean energy.[1]
Granular Energy has raised $10.0M across 2 funding rounds. Most recently, it raised $8.0M Seed in October 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2023 | $8.0M Seed | Active Impact Investments, Angel Invest, Atomico, Broadhaven Capital Partners, Buoyant Ventures, DST Global, Energy Impact Partners, Felix Capital, Foundamental, Lowercarbon Capital, Norrsken VC, Piton Capital, Powerhouse Ventures, Seedcamp, Speedinvest, Akhil Paul, Amit Gudka, Felix Jahn, Jonathan Lenson, Julius Köhler, Mandeep Singh, Marc McCabe, Stan Massueras, Tim Sadler | |
| Jun 1, 2022 | $2.0M Seed | Active Impact Investments, Angel Invest, Atomico, Broadhaven Capital Partners, Buoyant Ventures, DST Global, Energy Impact Partners, Felix Capital, Piton Capital, Powerhouse Ventures, Seedcamp, Speedinvest, Akhil Paul, Amit Gudka, Felix Jahn, Jonathan Lenson, Julius Köhler, Mandeep Singh, Marc McCabe, Stan Massueras, Tim Sadler |