Greenbyte raises additional funding

Belgian investment firm Korys has invested an additional 5 million Euro in Swedish renewable energy software company Greenbyte which provides a SaaS platform to owners and operators of renewable energy assets around the world.

To date the Greenbyte software platforms Breeze and Bright are used in 13GWs of wind and solar assets. The capital will be used to further intensify product development and expansion into new geographies. Greenbyte will package Breeze and Bright under one overarching service offering called the Greenbyte Energy Cloud, under which other renewable energy technologies such as hydro and energy storage will find a home in the near future. Furthermore, the capital will be used to finalize the development and commercialize Greenbyte’s new predictive analytics services based on a deep understanding of renewable energy data, renewable energy technologies and data science.

By Jake Frith