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Recently Funded|Amount: GBP 700.0K|Industry: Services for Renewable Energy
Yottarr Secures $700,000 to Tackle Grid Congestion for Net Zero
Yottarr

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Yottarr, a company addressing energy grid congestion, has successfully secured $700,000 in a recent funding round. This capital infusion marks a significant step for the firm as it continues its mission to streamline connections for renewable energy projects and other electrified infrastructure. The company focuses on a critical challenge hindering the transition to net-zero: grid congestion. The rapid expansion of renewable energy generation, coupled with the electrification of transport, heat, and industry, has led to severely strained electricity grids. This bottleneck often results in approximately 80% of grid connection applications from energy asset developers being unsuccessful, severely limiting new project development. Yottarr's solution involves building a digital twin of the energy system, which provides developers with crucial information and tools to identify locations with spare capacity and secure grid connections more efficiently. Their proprietary algorithm processes network operator data to predict connection acceptance, power availability, and timelines for specific locations. The $700,000 investment will be instrumental in accelerating Yottarr’s development efforts. The funds are planned to support the expansion of their digital twin platform and further enhance their proprietary algorithms, which are central to identifying viable grid connection points. This strategic capital injection is expected to enable Yottarr to scale its operations and bring its technology to a wider array of energy asset developers. This funding round underscores investor confidence in Yottarr's technology and its potential to alleviate one of the primary obstacles to renewable energy deployment. By providing actionable insights into grid capacity, Yottarr aims to significantly reduce the time and complexity associated with securing energy network connections. The company is poised to play an increasingly vital role in helping energy asset developers find sites with spare capacity, thereby accelerating the global transition to a sustainable, electrified future.
Buying Signals & Intent
Our AI suggests Yottarr may be interested in solutions related to:
- Energy Asset Development
- Power Grid Solutions
- Electric Vehicle Charging Infrastructure
- Infrastructure Planning
- Data Analysis Services
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