Data platform Gorilla has secured $9.2 million in its Series A, which it says will enable further development to its platform and help energy companies continue to adapt to the changing energy landscape with greater speed, efficiency and agility.
Led by the transatlantic venture capital fund Beringea, with participation from PMV and VLAIO, Gorilla is set to dramatically expand both its team and range of solutions.
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Gorilla’s intelligent cloud-based platform is already being used by British Gas, ScottishPower, Shell Energy, Engie and other major UK and European players and now the Australasian providers Synergy, Meridian Energy. The platform enables them to gather and process the vast amounts of data they need to respond to the current energy crisis while also helping to drive the energy transition towards net zero.
Part of the solution lies hidden in the increased market volatility generated by an emerging decentralised energy market and the vast amount of data that comes with that evolution. However, until now, processing that data and extracting the necessary insights has been a cumbersome, complicated and, for many energy companies, an insurmountable task.
Gorilla’s cloud-based data processing platform is capable of processing enormous amounts of data. As such, it enables energy companies to accelerate the pace of innovation and make giant leaps forward in terms of efficiency and performance.
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A spin-off from the leading Belgian tech agency November Five, Gorilla only appeared on the scene in 2018. But already, several major players in UK, Europe and now Australia and New Zealand are using Gorilla’s platform to automate manual processes, drive product innovation and generate powerful insights into both the production and consumption of energy.
Gorilla currently operates with a workforce of more than 40 employees at its offices in London, Antwerp and Melbourne.
