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Electron
Digital energy marketplace
- 1-20 employees
- B2B
- Energy
- SaaS
- London, UK
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Company mission
Electron's mission is to create a future with a highly dynamic and flexible grid, where millions of distributed assets can easily interact and contribute to a more efficient, clean, and resilient energy system.
Our take
Electron is founded on the belief that the energy systems of the future need digitally optimised marketplaces rather than large scale new generation capacity, in order to deliver Net Zero in a cost efficient and resilient way. To meet this challenge, Electron has developed what can be described as the first digital marketplace. Its core platform can be thought of as a decentralised micro-services architecture that enables many different parties to host data sets and stand-up markets and/or services across a shared set of functions and rules.
The energy market is built on technology that is mostly 25-35 years out of date. Electron's efforts, then, have the potential to be a much needed breath of fresh air.
Market indicators seem to point the same way. For example, Electron has already won a host of awards from the likes of The World Economic Forum, and has secured partnerships with major players in the industry such as EDF Energy and UK Power Networks. Not only this, Electron has managed to secure major backing from investors. So, with its tech currently deployed in a first-of-its-kind, real-time, local marketplace in Orkney, and with further markets already under development, Electron is a real one-to-watch for the future.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Hybrid Working
- Casual Dress
- 4 days paid personal training leave per annum
- 25 days holiday excluding bank holidays
Company values
- Bold: We are motivated by our shared vision of the future and are not afraid to challenge the status quo to fulfil it. We are determined to put our stake in the ground and we challenge with confidence, context and respect
- Conscious: We are deeply grounded in our purpose of enabling cheaper, cleaner power systems— these commitments drive all the decisions we take. We look after each other and are always learning from each other.
- Collaborative: We share our ideas and engage openly with all stakeholders. We are enablers, driven by establishing connections — of assets, systems, ideas and people. We are united by a common goal, and every contribution towards this is valued
- Dependable: We are trusted partners, reliable deliverers and transparent operators. We hold ourselves accountable, individually and collectively, and are committed to achieving excellence in all that we do.
Funding (last 2 of 3 rounds)
Sep 2023
$5.1m
EARLY VC
Dec 2016
$0.2m
GRANT
Total funding: $5.8m
Leadership
Jo Jo Hubbard
(CEO )Paul Ellis
(CTO )