# New Grid Technology Startups Founded Since 2020: Market Map 2026 (119 Companies) > 119 grid technology startups founded in 2020 or later, mapped in 6 segments, best-funded first: $6.2B raised. Updated nightly. Source: https://millionrounds.com/market-maps/new-grid-technology-startups-market-map (Millionrounds; every figure on the page links to its filing or article) ## Energy storage 90 - [Akaysha Energy](https://millionrounds.com/company/akaysha-energy) - [Fidra Energy](https://millionrounds.com/company/fidra-energy) - [Rezolv Energy](https://millionrounds.com/company/rezolv-energy) - [Elvy](https://millionrounds.com/company/elvy) - [Cero Generation](https://millionrounds.com/company/cero-generation) - [EnerVenue](https://millionrounds.com/company/enervenue) - [Constantine Energy Storage](https://millionrounds.com/company/constantine-energy-storage) - [Terra One](https://millionrounds.com/company/terra-one) - [Pathway Power](https://millionrounds.com/company/pathway-power) - [Varco Energy](https://millionrounds.com/company/varco-energy) - [Eku Energy](https://millionrounds.com/company/eku-energy) - [Exowatt](https://millionrounds.com/company/exowatt) - [Elevate Renewable Energy](https://millionrounds.com/company/elevate-renewable-energy) - [Ore Energy](https://millionrounds.com/company/ore-energy) - [Bnewable](https://millionrounds.com/company/bnewable) - [Granite Source Power](https://millionrounds.com/company/granite-source-power) - [RedoxBlox](https://millionrounds.com/company/redoxblox) - [Fourth Power](https://millionrounds.com/company/fourth-power) - [Nexus Renewables](https://millionrounds.com/company/nexus-renewables) - [Chariot Defense](https://millionrounds.com/company/chariot-defense) - [Redeux Energy](https://millionrounds.com/company/redeux-energy) - [Solus Power](https://millionrounds.com/company/solus-power) - [*GE* Guorun Energy Storage](https://millionrounds.com/company/guorun-energy-storage) - [Grid Connected Infrastructure](https://millionrounds.com/company/grid-connected-infrastructure) +66 more ## Grid software and analytics 9 - [Gridsight](https://millionrounds.com/company/gridsight) - [*JI* Jingsil Intelligent](https://millionrounds.com/company/jingsil-intelligent) - [Splight](https://millionrounds.com/company/splight) - [Sunairio](https://millionrounds.com/company/sunairio) - [GridFree AI](https://millionrounds.com/company/gridfree-ai) - [Adaion](https://millionrounds.com/company/adaion) - [*S* StormImpact](https://millionrounds.com/company/stormimpact) - [The Grid](https://millionrounds.com/company/the-grid) - [Gridmo](https://millionrounds.com/company/gridmo) ## Virtual power plants and flexibility 6 - [Elyos Energy](https://millionrounds.com/company/elyos-energy) - [Powernaut](https://millionrounds.com/company/powernaut) - [Scale Energy](https://millionrounds.com/company/scale-energy) - [Fractal Energy](https://millionrounds.com/company/fractal-energy) - [TOGL Energy](https://millionrounds.com/company/togl-energy) - [BeChained](https://millionrounds.com/company/bechained) ## EV charging 6 - [Atlante](https://millionrounds.com/company/atlante) - [Decade Energy](https://millionrounds.com/company/decade-energy) - [Kwetta](https://millionrounds.com/company/kwetta) - [Levistor](https://millionrounds.com/company/levistor) - [Alpha Grid](https://millionrounds.com/company/alpha-grid) - [EVbee](https://millionrounds.com/company/evbee) ## Microgrids 4 - [DG Matrix](https://millionrounds.com/company/dg-matrix) - [Critical Loop](https://millionrounds.com/company/critical-loop) - [GreenStruxure](https://millionrounds.com/company/greenstruxure) - [Vespene Energy](https://millionrounds.com/company/vespene-energy) ## Transmission and grid hardware 4 - [GridStrong](https://millionrounds.com/company/gridstrong) - [SunCubes](https://millionrounds.com/company/suncubes) - [Sensible Photonics](https://millionrounds.com/company/sensible-photonics) - [FreeFlow Technology](https://millionrounds.com/company/freeflow-technology) ## Segment by segment ### Energy storage 90 startups · $5.9B raised - [**Akaysha Energy**](https://millionrounds.com/company/akaysha-energy) Akaysha Energy offers full-cycle development for projects including Battery Energy Storage Systems (BESS) and renewable energy. Australia $1.5B - [**Fidra Energy**](https://millionrounds.com/company/fidra-energy) Fidra Energy is a battery energy storage firm/business that aims to aid decarbonization for electrical system. United Kingdom $804M - [**Rezolv Energy**](https://millionrounds.com/company/rezolv-energy) Rezolv Energy is an independent power producer and renewable energy developer based in Prague, Czech Republic. Romania $763M - [**Elvy**](https://millionrounds.com/company/elvy) Elvy is a Stockholm-based energytech startup founded in 2023, specializing in AI-optimized, subscription-based home energy systems. Sweden $595M - [**Cero Generation**](https://millionrounds.com/company/cero-generation) Cero Generation is a solar energy company that develops solar energy and energy storage solutions. United Kingdom $312M - [**EnerVenue**](https://millionrounds.com/company/enervenue) EnerVenue is an energy storage infrastructure company based in Fremont, California, founded in 2020. United States $312M - [**Constantine Energy Storage**](https://millionrounds.com/company/constantine-energy-storage) Constantine Energy Storage is an energy storage company that provides energy management and renewable energy services. United Kingdom $234M - [**Terra One**](https://millionrounds.com/company/terra-one) Terra One engages in the development and operation of large-scale battery storage systems. Germany $185M ### Grid software and analytics 9 startups · $82M raised - [**Gridsight**](https://millionrounds.com/company/gridsight) Gridsight is a technology startup founded in 2020 that offers an AI-powered software platform designed to assist electrical utilit Australia $38M - [*JI* **Jingsil Intelligent**](https://millionrounds.com/company/jingsil-intelligent) Jingsil Intelligent is dedicated to digital power distribution switches and intelligent power distribution management software systems. - $15M - [**Splight**](https://millionrounds.com/company/splight) Splight is an AI-driven grid technology company founded in 2021, headquartered in San Mateo, California, with additional offices i United States $12M - [**Sunairio**](https://millionrounds.com/company/sunairio) Sunairio is a software company based in Baltimore, Maryland, founded in 2020. United States $6.4M - [**GridFree AI**](https://millionrounds.com/company/gridfree-ai) GridFree AI is a data center infrastructure company based in The Woodlands, Texas, specializing in grid-independent power and cool United States $5.0M - [**Adaion**](https://millionrounds.com/company/adaion) Adaion's AI-driven platform transforms complex grid planning into a streamlined, data-driven process. Spain $2.8M - [*S* **StormImpact**](https://millionrounds.com/company/stormimpact) StormImpact is a Data-driven software designed to keep the utility grid running. United States $850K - [**The Grid**](https://millionrounds.com/company/the-grid) The Grid is a B2B sales intelligence platform that assists businesses with sales prospects and go-to-market initiatives. Netherlands $792K ### Virtual power plants and flexibility 6 startups · $11M raised - [**Elyos Energy**](https://millionrounds.com/company/elyos-energy) Elyos Energy is a software platform for energy optimization, flexibility, and demand response. United Kingdom $3.0M - [**Powernaut**](https://millionrounds.com/company/powernaut) Powernaut is a Belgian energy technology startup based in Ghent, founded in 2024. Belgium $2.5M - [**Scale Energy**](https://millionrounds.com/company/scale-energy) We build energy storage at your industrial site - without any investment required from you. Germany $2.1M - [**Fractal Energy**](https://millionrounds.com/company/fractal-energy) At Fractal Energy, we combine smart storage (BESS) with a cutting-edge Virtual Power Plant (VPP) to revolutionize demand load management. France $2.1M - [**TOGL Energy**](https://millionrounds.com/company/togl-energy) TOGL orchestrates EV charging so fleets can add more vehicles to an existing grid connection and earn flexibility revenue. United Kingdom $1.1M - [**BeChained**](https://millionrounds.com/company/bechained) AI solution to eliminate wasted energy in manufacturing, unlock demand-response market access and certify carbon footprint at prod United States $180K ### EV charging 6 startups · $92M raised - [**Atlante**](https://millionrounds.com/company/atlante) Atlante is a developer of an electric vehicle charging network that is 100% grid-integrated and powered by renewables and energy storage. Italy $50M - [**Decade Energy**](https://millionrounds.com/company/decade-energy) Decade Energy develops energy storage, charging, and software solutions that secures power for electric fleets at the lowest possible cost. France $26M - [**Kwetta**](https://millionrounds.com/company/kwetta) Kwetta is a New Zealand-based company specializing in EV charging technology, founded in 2021 and headquartered in Napier. New Zealand $11M - [**Levistor**](https://millionrounds.com/company/levistor) Levistor is a UK-based cleantech company founded in 2021, specializing in high-power, short-duration energy storage systems. United Kingdom $2.6M - [**Alpha Grid**](https://millionrounds.com/company/alpha-grid) Alpha Grid is a software development company based in Palo Alto, California, founded in 2020. United States $2.5M - [**EVbee**](https://millionrounds.com/company/evbee) EVbee is a global energy-engineering company founded in June 2022, headquartered in Utrecht, Netherlands, with R&D operations in E Netherlands $1.2M ### Microgrids 4 startups · $138M raised - [**DG Matrix**](https://millionrounds.com/company/dg-matrix) DG Matrix is a cleantech company based in Raleigh, North Carolina, founded in 2022. United States $80M - [**Critical Loop**](https://millionrounds.com/company/critical-loop) Critical Loop is an energy technology company based in Long Beach, California, founded in 2023. United States $38M - [**GreenStruxure**](https://millionrounds.com/company/greenstruxure) GreenStruxure is a joint venture established in September 2020 by Schneider Electric, Huck Capital, and ClearGen. United States $15M - [**Vespene Energy**](https://millionrounds.com/company/vespene-energy) Vespene Energy is a CleanTech company based in Berkeley, California, focused on methane mitigation. United States $4.3M ### Transmission and grid hardware 4 startups · $12M raised - [**GridStrong**](https://millionrounds.com/company/gridstrong) GridStrong is a New York-based enterprise software company founded in February 2025. United States $10M - [**SunCubes**](https://millionrounds.com/company/suncubes) SunCubes is a Milan-based deep-tech startup founded in 2023 by engineers from Politecnico di Milano. Italy $1.3M - [**Sensible Photonics**](https://millionrounds.com/company/sensible-photonics) Sensible Photonics is partnering with utilities, OEMs and regulators to improve grid reliability and resilience through low-cost s United States $600K - [**FreeFlow Technology**](https://millionrounds.com/company/freeflow-technology) FreeFlow Technology Ltd is a UK-based engineering company specializing in e-bike transmission architecture and drivetrain systems United Kingdom $549K **How this map is made.** Every startup here has raised money in rounds we track, and was founded in 2020 or later. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in grid technology, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026. ## More market maps [All maps](https://millionrounds.com/market-maps) [Market map **Grid technology market map** 403 startups · 6 segments · $30B](https://millionrounds.com/market-maps/grid-technology-market-map)[Investors map **Who invests in grid technology** 139 investors · 7 segments](https://millionrounds.com/market-maps/grid-technology-investors-map)[Raised in 2026 **Grid technology startups that raised in 2026** 79 startups · 6 segments · $13B](https://millionrounds.com/market-maps/grid-technology-raised-2026-market-map)[Market map · United States **Grid technology market map: United States** 185 startups · 6 segments · $15B](https://millionrounds.com/market-maps/grid-technology-united-states-market-map)[Market map · Europe **Grid technology market map: Europe** 146 startups · 5 segments · $12B](https://millionrounds.com/market-maps/grid-technology-europe-market-map)[Market map · United Kingdom **Grid technology market map: United Kingdom** 46 startups · 4 segments · $4.3B](https://millionrounds.com/market-maps/grid-technology-united-kingdom-market-map) ## Who backs grid technology? 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