News

Upside Energy Secures £545,000 Seed Funding

Upside Energy announced today that it has secured £545,000 in seed funding to expand operations, build out the senior management team and run a large scale pilot with National Grid.

Upside exceeded its target raise of £500,000 from ClearlySo’s extensive network of high-net-worth angel investors, along with support from industry leaders such as Ian Marchant, former CEO SSE, and Chris Joly from Vitol.

Innovate UK awards Balanced Energy Networks consortium £2.9m

Innovate UK has awarded £2.9m towards a £4m ICAX led consortium, including Upside Energy, to build a Balanced Energy Network at London South Bank University to demonstrate innovations in integrated energy supply chains.