Piclo Flex is a leading independent marketplace that brings together Flex Providers with System Operators to procure local flexibility services.
As our energy systems become cleaner, more distributed and diversified in response to the climate crisis, our grids come under more stress and face challenges in maintaining the delicate balance of supply and demand.
Our marketplace enables technologies such as renewables, batteries and electric vehicles to provide local flexibility to our distribution networks, smoothing out the complex transition to a decarbonised future and delivering low-cost and resilient grids.
Our marketplace drives increased participation, standardisation and scale to level the playing field and streamline the transition to Net Zero.
We place humans at the core of our design process, understanding the challenges with flexibility procurement in order to reduce the friction involved.
We facilitate competitive auctions, meaning Flex Providers bid to win contracts, ensuring the best price is secured.
The Clean Growth Fund was launched in May 2020, with cornerstone investment from the UK Government’s Department of Business, Energy & Industrial Strategy (BEIS) and CCLA, one of the UK's largest charity fund managers with £10bn of assets under management.
The Fund is investing in the UK’s most promising early-stage “clean growth” companies that are pioneering carbon emission reductions in the areas of power and energy, buildings, transport and waste. It made its first investment in Piclo in December 2020.
Mott MacDonald Ventures, the strategic corporate venture capital arm of global engineering, management and development consultancy Mott MacDonald, was established in 2018 to offer a collaborative approach to partnering with visionary start-ups that develop game-changing digital solutions. Mott MacDonald Ventures provides founders with unparalleled capabilities and access to a global network of diverse clients.
Bethnal Green Ventures is an accelerator programme, early stage investor and support network for ambitious social ventures using technology to tackle the world’s most pressing problems. Since 2008 they have supported over 65 startups including Overleaf, Fairphone and Commonplace.
Green Angel Syndicate (GAS) is one of the largest angel investment syndicates in the UK, and the only one specialising in the fight against Climate Change. GAS believes in smart investments for sustainable change and invests in early stage companies that help to reverse or reduce carbon emissions.