• News
  • Misc
  • Press Releases
  • Renewable News

Apricum Facilitates Successful USD 15M Series C Funding Round for Innovative Power and Grid Technology Company Reactive Technologies with International Consortium of Financial and Strategic investors

Berlin, August 13, 2021: Apricum – The Cleantech Advisory, the Berlin-based transaction and strategy advisory firm specialized in clean technologies, acted as the exclusive financial advisor to Reactive Technologies, UK and Finland based digital energy company with a unique capability of measuring grid inertia, in raising USD 15M, bringing in a consortium of three investors to enable Reactive’s further internationalization.

The Series C round was led by incoming financial investor BGF, a UK-based investment company alongside US-based investors, Breakthrough Energy Ventures, and Eaton Corporation, which will contribute strategic value to Reactive Technologies to support its international growth.

Reactive Technologies has created the world’s first and only grid inertia direct measurement solution via their unique and patented solution GridMetrix® equipping Transmission System Operators and Distribution Network Operators with the ability to measure grid inertia and system stability in real time enabling greater stability, efficiency and safety in grids as they transition to Net Zero.

“We were very impressed by the high caliber investors Apricum brought to us as well as their transaction expertise and deep understanding of the power grid industry and its technical complexities. Their professionalism and dedicated support throughout the entire process were instrumental in concluding this fundraising round so successfully.” said Marc Borrett, CEO of Reactive Technologies.

To read the full content,
please download the PDF below.