Electron was founded on the belief that energy systems of the future would need digitally optimised marketplaces rather than large scale new generation capacity, in order to deliver Net Zero in a cost efficient and resilient way. By combining the founders’ knowledge of energy markets and experience in building digital trading platforms, Electron set out to meet this requirement, working collaboratively with existing and emerging market participants to create the first digital energy marketplace.
Since establishment in 2015, Electron has engaged in eight network optimisation projects in four countries, involving partnerships with 20 major energy industry players including National Grid ESO, EDF Energy, Shell and London Hydro. Based on these successful projects, the ElectronConnect platform has been selected to support marketplaces for Scottish and Southern Electricity Networks, National Grid ESO in the UK and London Hydro in Canada.
Electron’s technology is currently deployed in a first-of-its-kind, real-time, local marketplace in Orkney, with two further markets under development.
Location: United Kingdom, England, London
Employees: 11-50
Total raised: $4.96M
Founded date: 2015
Investors 3
| Date | Name | Website |
| - | Systemiq C... | systemiqca... |
| 30.01.2024 | Nesta Impa... | nestainves... |
| - | EnergyLab | energylab.... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 19.09.2023 | - | $4.96M | - |
Mentions in press and media 4
| Date | Title | Description | Source |
| 19.09.2023 | Electron secures £4M with its approach to electricity flexib... | London-based electricity flexibility and distribution marketplace provider Electron gives electric n... | tech.eu/20... |
| 14.01.2022 | Sage : Green tips from our top 10 sustainable businesses to ... | If you run a business, environmental issues seem so big that it could be easy to think that whatever... | marketscre... |
| 09.06.2021 | EDP - ENERGIAS DE PORTUGAL, S.A. Free Electrons: The 15 fin... | Free Electrons: The 15 finalist startups have been announced Wednesday09, June 2021 Innovation The g... | marketscre... |
| 03.11.2020 | Seven Businesses Helping Britain ‘Build Back Greener’ | Katrina Borissova – Founder, Little DanubeLittle Danube | forbes.com... |