14.07.2026 – Axpo is investing as a minority shareholder in the British software company Gridcog. This move strengthens Axpo’s access to innovative solutions, enabling it to provide even more targeted support to industrial customers in the planning of energy solutions. At the same time, the move underlines Axpo’s long-term focus on innovation and its commitment to investing in strategically relevant European start-ups.
In brief:
Axpo has acquired a minority stake in the British software company Gridcog. The start-up offers software that enables companies to plan and better coordinate complex energy systems. This allows various installations – such as solar panels, batteries, flexible solutions and other energy systems – to be modelled across different markets and optimised for economic efficiency. This provides companies with an optimal basis for assessing more quickly the appropriate scale of their energy systems and the economic implications of various options.
For Axpo, this investment opens up additional opportunities, particularly where customer solutions are becoming more complex. More and more companies are faced with the question of how to sensibly combine electricity and gas contracts, in-house generation, storage and flexibility solutions. Gridcog’s technology helps to analyse such issues more efficiently and develop customer-specific energy solutions more quickly.
Henriette Wendt, COO of Axpo, says: “I am convinced that data and models will be central to the future of energy. With Gridcog, we can support our customers in developing complex energy solutions more quickly and with greater insight. This strengthens Axpo’s competitiveness and underlines our commitment to actively supporting innovation and digitalisation in the energy market.”
Alongside Axpo, ABB Ventures is participating in the funding round as lead investor, alongside DNV and VerbundX. Axpo is investing as a minority shareholder.
Corporate Communications