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Ascend Analytics, a Boulder, CO-based supplier of vitality transition analytics options, obtained an funding from Rubicon Expertise Companions.
Rubicon was joined by local weather funding agency Impress Local weather Options, and Silversmith Capital Companions.
The quantity of the deal was not disclosed.
The corporate intends to make use of the funds to speed up its progress, product innovation and the enlargement of its suite of analytics options.
Led by CEO Dr. Gary Dorris, Ascend Analytics is working vitality transition and gives software program and consulting providers that seize the evolving and real-time dynamics of vitality markets. Ascend’s merchandise empower utilities, renewable builders, impartial energy producers, monetary establishments, firms, and different vitality market stakeholders to develop, finance, and optimize vitality property in an more and more complicated vitality market panorama.
Its product suite contains BatterySIMM, a regular for vitality storage modeling and growth, PowerSIMM, a useful resource choice and portfolio administration resolution, and SmartBidder, an vitality storage bidding optimization platform.
Commenting on the information, Dr. Gary Dorris stated: “Having now reached an inflection level within the transition, this partnership permits Ascend to develop on the velocity and scale obligatory to satisfy the second. We’re so pleased with every part our staff has achieved, and though we’re veterans within the sector, it seems like we’re simply getting began.”
FinSMEs
22/03/2024
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