Startups
The UK’s leading independent marketplace for buying and selling DSO flex. Bringing Flex Providers and System Operators to enable energy flexibility.
Overview
Location
United Kingdom, England, Westminster
Employees
11-50
Total raised
$10.18M
Founded date
2013
Investors 4
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Clean Growth Fund | cleangrowthfund.com | |
| Green Angel Ventures | greenangelventures.com | |
| Apr 26, 2023 | Innogy Venture Capital | fev.vc |
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 17
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Dec 16, 2025 | FEV Closes €235 Million Fund to Accelerate the Independent Energy Future | The fund was initially supported by E.ON SE and the European Investment Fund (EIF) as anchor investors. It now also includes additional strategic and institutional investors such as KFW Capital, ABN AMRO, CLP, BGK, ISA Energia, Borusan, Zor... |
| Nov 30, 2025 | Future Energy Ventures: €235 Million Raised For Fund II | Future Energy Ventures (FEV) has closed a €235 million second fund to accelerate the adoption of digital and asset-light technologies that support Europe’s transition toward energy independence. With the close of Fund II, the firm becomes t... |
| Mar 27, 2025 | Navigating the Crossroads of AI Regulation and Energy Flexibility in Southeast Asia | Southeast Asia stands at a pivotal moment. The region is grappling with the dual challenges of regulating artificial intelligence (AI) and enhancing energy flexibility. Both sectors are intertwined with innovation, investment, and the need ... |
| Mar 26, 2025 | Global Energy Flexibility Markets to Mitigate 1,100GW of Solar and Wind Curtailment by 2040, Unlocking 2,100TWh of Additional Electricity Generation per Year | Grids must not only become larger; they must become more flexible NEW YORK, March 26, 2025 /PRNewswire/ -- Grid operators are investing heavily in expanding infrastructure to adapt to the proliferation of Distributed Energy Resources (DERs)... |
| Aug 21, 2024 | Piclo Raises Funding | Piclo, a London, UK-based provider of software solutions for the energy flexibility markets, raised a funding of undisclosed amount. The amount of the deal was not disclosed. EDP Ventures co-led the funding round, together with existing inv... |
| Aug 20, 2024 | Piclo raises new funding from EDP for energy asset trading | Portuguese EDP Ventures has made an investment of an undisclosed amount in Piclo. Piclo’s software enables buyers and sellers of electricity capacity to trade. EDP Ventures co-led the funding round, together with existing Piclo investors Cl... |
| Jan 5, 2024 | Piclo and the UK National Grid partner to faciliate provider access to direct access to low voltage flexibility opportunities | This week, energy software company Piclo announced a partnership with the UK National Grid Electricity Distribution to simplify access for Flexibility Service Providers (FSP) into local distribution Flexibility Markets. Piclo develops softw... |
| Mar 22, 2023 | Piclo raises £8.3 million to accelerate decarbonisation of grid internationally | LONDON, [22] March 2023 – Piclo, the world’s leading flexibility services marketplace, has closed its Series B funding round and raised £8.3 million to further strengthen its market leading position in the UK and Europe, as well as grow its... |
| Mar 22, 2023 | Green Angel Syndicate invests in £8.3 million Piclo round to accelerate decarbonisation of grid internationally |
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FAQ about Piclo
When was Piclo founded?
Piclo was founded in 2013.
How much funding has Piclo raised?
Piclo has raised $10.18M in total across 1 funding round.
Who has invested in Piclo?
Parsers VC lists 4 investors of Piclo, among them Innogy Venture Capital, Clean Growth Fund and Green Angel Ventures.
What has the press written about Piclo?
Parsers VC has collected 17 articles mentioning Piclo, among them “FEV Closes €235 Million Fund to Accelerate the Independent Energy Future” (Dec 16, 2025) and “Future Energy Ventures: €235 Million Raised For Fund II” (Nov 30, 2025).
Is Piclo still active?
Yes, Piclo is active; its latest activity on Parsers VC dates from Jul 7, 2026.