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London energy trading platform, Piclo Flex, that lets users buy and sell electricity directly from suppliers.
Founded in 2013 and based in London, UK, Open Utility Ltd. develops Piclo Flex, a marketplace for procuring and operating flexibility, with modules offered on a subscription basis and services including process automation, market engagement and customer support. The company opened branch offices in Lithuania, Portugal and the United States. CFO Tom Saul previously worked as general manager of Open Energi. In August 2024 it raised an undisclosed amount of venture funding led by EDP Ventures, with Clean Growth Investment Management and Future Energy Ventures participating.
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