GridX Closes $12M Series B Funding Led by Energy Impact PartnersGridX accelerates growth to deliver Business Operations Support solutions that help utility industry transition to clean energy MILPITAS, Calif., May 25, 2021 – GridX, Inc., a leading provider of cloud-based business operations support solutions to utilities and energy suppliers, today announced that it has closed its Series B funding in the amount of US $12 million led by Energy Impact Partners (EIP), a global investment platform leading the transition to a sustainable energy future. This financing accelerates the company’s product roadmap and drives market adoption. “GridX helps utilities and energy suppliers to transition to – and thrive in – a decarbonized and decentralized energy future,” said Matt Bisgyer, Vice President at Energy Impact Partners. “Our investment in GridX is a testament to the team’s unique vision and exceptional capabilities, and we’re confident this company is poised for rapid growth as it empowers the smooth integration of renewable energy into the daily lives of millions.” Through its Business Operations Support (BOS) Cloud suite, GridX delivers turnkey applications that enable its clients to:
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