Reactive Technologies, a pioneer in grid stability assessments with offices in Oulu, Finland and London, UK, has concluded a £25 million Series D fundraising round.
Investors
- BGF, a growth capital investor in the UK and Ireland
- Breakthrough Energy Ventures
- M&G’s Catalyst
Use of funds
The firm plans to utilize the money for important employment efforts and global growth plans in order to advance the completion of contractual projects globally.
About Reactive Technologies
Reactive Technologies, a grid resilience technology business led by CEO Marc Borrett, assists regulators, electric utilities, and grid operators in ensuring robust, renewable networks and facilitating the shift to Net Zero. Its technologies, such as the GridMetrix® technology, measure grid inertia and other functions with 95% accuracy, bringing transparency to grid operations. Working with some of the world’s most cutting-edge electric utilities, the firm regularly provides reliable grid data that facilitates an expedited transition to clean energy while allowing improved planning, full use of available electrical sources, and cost savings.
