Energytech startup Ogre AI raises 3 mln. euro in round led by VERBUND X Ventures

Ogre AI, a Romanian-British energy tech startup, raised 3 million euro in an investment round led by VERBUND X Ventures. The startup focuses on AI-based forecasting solutions for the energy sector. VERBUND X Ventures aims to improve renewable energy integration and operational efficiency with this investment. Ogre AI's technology helps predict energy generation and demand, especially from renewable sources like solar and wind power. The partnership between Ogre AI and VERBUND aims to enhance grid efficiency and sustainability. Ogre AI plans to expand its technological capabilities and market presence with the current financing round.

Source:

https://www.energynomics.ro/en/energytech-startup-ogre-ai-raises-3-mln-euro-in-round-led-by-verbund-x-ventures/

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