Reactive Technologies Limited
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Reactive Technologies Limited - overview
Established
2010
Location
London, -, UK
Primary Industry
Environmental Services
About
Based in the UK, Reactive Technologies Limited specializes in Grid-Enhancing Technologies (GETs) that improve the management and stability of power grids through innovative real-time measurement solutions. Reactive Technologies Limited, founded in 2010, operates from London, UK, focusing on real-time measurement of power grid inertia and system strength. The company has completed a total of 8 deals, with the most recent funding round occurring on February 26, 2024. In this Series D funding, Reactive Technologies raised GBP 25 million, led by M&G Investments, with participation from Belgian Growth Fund and Breakthrough Energy Ventures.
The total amount raised by the company stands at GBP 25 million, with a current valuation of GBP 109. 647 million. Marc Borrett serves as the CEO and is also one of the founders. Reactive Technologies specializes in Grid-Enhancing Technologies (GETs), focusing on the real-time measurement of power grid inertia and system strength.
Its flagship product, GridMetrix®, provides accurate, real-time insights into grid stability, enabling energy traders and grid operators to make informed decisions regarding operational efficiency and reliability. Additionally, the company's Grid Edge Measurement devices (XMU) create a distributed network of ultra-high-definition grid IoT devices that enhance existing infrastructure with precise measurement capabilities. These offerings primarily cater to transmission and distribution grid operators, energy traders, and asset owners, addressing challenges posed by the increasing integration of renewable energy sources and distributed energy resources (DERs) across geographical markets, including Great Britain. Reactive Technologies generates revenue through a combination of subscriptions and partnerships with utility companies, grid operators, and energy traders.
Clients typically engage in contracts for access to the GridMetrix® platform and XMU devices, focusing on real-time data analytics and measurement services. The transaction structure is primarily B2B, where grid operators pay for access to the technology and insights that facilitate improved operational planning and management. The company’s product offerings, particularly the GridMetrix® platform, are integral to these transactions, as they provide essential analytics for maintaining system stability. In February 2024, Reactive Technologies Limited raised GBP 25 million in Series D funding, which will be utilized to support its market expansion, grow its team, and accelerate its portfolio.
The company aims to design and launch new products, enhancing its GridMetrix® and XMU technologies. Reactive Technologies plans to expand into new markets, specifically targeting regions undergoing significant renewable energy transitions. The recent funding will facilitate these initiatives, allowing for further development and deployment of their innovative solutions.
Current Investors
Renewable Energy Systems, Octopus Investments, Ingenious Ventures
Primary Industry
Environmental Services
Sub Industries
Renewable Energy, Green IT, Analytics & Performance Software
Website
www.reactive-technologies.com/
Verticals
Clean Technology, Cloud Computing, IoT (Internet of Things)
Company Stage
Series D
Total Amount Raised
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