Electricity Maps: Illuminating the Path to a Sustainable Tomorrow

May 10, 2024, 9:44 pm
Electricity Maps
Electricity Maps
AppDataDevelopmentMapsSoftware
Location: Denmark, Capital Region of Denmark, Copenhagen
Employees: 11-50
Founded date: 2016
Total raised: $5.39M
In a recent development, Copenhagen-based climatetech company, Electricity Maps, has successfully secured €5M in funding to propel its mission of accelerating the data-driven decarbonization of the electricity grid. Led by Transition and Revent, this funding injection marks a significant milestone for the company, founded by the visionary Olivier Corradi.

Electricity Maps' innovative platform empowers businesses to seamlessly align their electricity demand with intermittent energy supply in real-time. By providing access to granular data on carbon emissions and electricity sources across over 230 regions worldwide, including key markets like the U.S., Europe, Australia, South America, and Asia, the company is revolutionizing the way organizations approach energy consumption.

With a focus on enabling cleaner AI computations in data centers, promoting sustainable charging of electric vehicles, and facilitating granular carbon accounting practices, Electricity Maps is at the forefront of driving positive change in the energy sector. The company's commercial API offers real-time, historical, and forecast data, allowing businesses to make informed decisions that prioritize sustainability and cost-efficiency.

Noteworthy industry players such as Samsung and Google have already embraced Electricity Maps' cutting-edge solutions, underscoring the company's impact and relevance in the market. By leveraging data and technology, Electricity Maps is not only reshaping the way businesses interact with the electricity grid but also fostering a more environmentally conscious approach to energy consumption.

As the world increasingly shifts towards electrically powered solutions, the need for transparency, accuracy, and sustainability in electricity consumption has never been more pressing. Electricity Maps' commitment to providing actionable data that quantifies the carbon intensity and origin of electricity is a testament to its dedication to driving positive change.

Through its free app and comprehensive API, Electricity Maps offers users the tools they need to understand and reduce the carbon footprint of their electricity usage. By centralizing and forecasting global electricity data with unparalleled detail, the company is empowering individuals and organizations to make informed choices that benefit both the planet and their bottom line.

With a track record of doubling revenue annually, serving millions of visitors through its app, and handling close to 10M daily requests via its commercial API, Electricity Maps has proven its ability to deliver tangible results despite limited resources. By championing data-driven decarbonization of electricity, the company is paving the way for a greener, more sustainable future for generations to come.