National Grid Partners, the investment arm of National Grid, teamed with a set of strategic energy investors in September as part of the $32 million AutoGrid Series D investment round.
National Grid also has participated in previous AutoGrid investment rounds through Energy Impact Partners (EIP).
The latest investment round was led by a global consortium of energy companies that, in addition to taking a financial stake, are partnering with AutoGrid on advanced applications of artificial intelligence (AI)-driven optimization, enabling predictive control of grid-edge assets, the companies said
National Grid has been working with AutoGrid on several projects, including a gas demand-response pilot in New York