Business
Samsung Ventures Joins GridBeyond’s Shareholder Base as Part of a €12M Equity Investment
NEW YORK, March 17, 2026--Samsung Ventures joins GridBeyond’s shareholder base as part of a €12M equity investment
About this update from Samsung Electronics Co., Ltd.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":5518,"height":1250,"url":"https://media.zenfs.com/en/business-wire.com/777183c2a7cacddab93c86ebd6caa125"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/3y82iAjZB19rdN25tt79uQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTIxNztjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/777183c2a7cacddab93c86ebd6caa125","width":960,"height":217},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/3esSrm9zNoLFmGZ9VCLAcQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD01NDQ7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/777183c2a7cacddab93c86ebd6caa125","width":1200,"height":272}},"lazy":false},{"type":"text","content":"NEW YORK, March 17, 2026--(BUSINESS WIRE)--Samsung Ventures (Samsung) has invested in GridBeyond as part of a €12M equity round alongside existing shareholders including Alantra’s Energy Transition Fund, Klima, Energy Impact Partners, Mirova, ABB, Constellation Technology Ventures, and Act Venture Capital. Together with longstanding existing shareholders, Yokogawa, EDP & Enterprise Ireland they continue to support the company's growth.","length":447,"tagName":"p"},{"type":"text","content":"GridBeyond, a global leader in intelligent energy technology and optimisation of distributed energy assets will work closely with Samsung to explore opportunities across trading, asset optimisation and energy services that will allow both companies to realise their growth ambitions globally.","length":292,"tagName":"p"},{"type":"text","content":"The funding will accelerate the expansion across GridBeyond’s key strategic markets including the UK, Ireland, the United States, Japan, and Australia, while enabling continued investment in the evolution of the company’s optimisation platform for distributed energy assets.","length":274,"tagName":"p"},{"type":"text","content":"GridBeyond’s technology enables real-time orchestration of distributed assets, including utility-scale renewable generation, battery storage, and energy demand, across multiple market and grid services. It leverages deep market expertise and understanding of localised fundamentals to drive advanced AI forecasting, optimisation and automated dispatch to deliver services such as energy arbitrage, frequency response, capacity market participat...