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GridPoint Secures $45M Funding Round

2025-03-27
RESTON, VA, GridPoint announced the completion of a $45 million financing round.
GridPoint, a recognized leader in energy management technology that decarbonizes commercial buildings and unlocks excess grid capacity, announced the completion of $45M in investment, anchored by Marunouchi Innovation Partners (MIP), a climate tech fund sponsored by Mitsubishi Corporation. The $20M investment by MIP will accelerate GridPoint's growth and open the door for international expansion into Japan and South Korea.

GridPoint's other institutional investors include Goldman Sachs, I Squared Capital, Shell Ventures, TOMS Capital, Fortress Investment Group, Olympia Group, and QVT Financial.

GridPoint is a recognized leader in energy management technology that decarbonizes commercial buildings and drives grid modernization. GridPoint's technology platform is deployed in 20,000+ commercial buildings across multiple industries, optimizing energy and sustainability goals for commercial enterprises and electric utilities at the same time. GridPoint's platform leverages data analytics, machine learning, and intelligent automation to deliver unprecedented visibility into complex building operations, reducing energy costs, maximizing decarbonization, and increasing resiliency - building by building. Networked together, buildings with GridPoint Intelligence™ aggregate the reliable and instantaneous capacity that power grids increasingly require.
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