Key Takeaways
- Ireland-based energy tech company VIOTAS has raised €10m to accelerate its international growth.
- The funding will help VIOTAS expand its smart grid and demand-side response technology globally.
Irish energy technology company VIOTAS has secured €10m in funding from Claret Capital Partners to drive its global expansion, particularly targeting new markets in Australia, the US, and Germany. The Limerick-headquartered firm, known for its smart grid and demand-side response solutions, will use the investment to scale operations, enhance research and development, and boost international sales.
The funding will support progress in existing markets such as Australia, where price volatility can lead to variability in earnings for customers providing grid support. VIOTAS is accelerating the development of services that help customers navigate these fluctuations by unlocking more stable, long-term value for participating in energy flexibility programs.
For more information, see media release below.