Smart grid company GridPoint heaps on $120M and buys electric vehicle startup V2Green

Smart grid company GridPoint heaps on $120M and buys electric vehicle startup V2Green

GridPoint, one of the largest of the smart grid startups, who aim to more intelligently distribute energy across the electrical grid, has more than doubled up on its prior funding with $120 million. Along with the new money, it has bought out V2Green, which makes software for electric vehicles to efficiently plug into the grid.

This latest move shows a company trying to get a leg up on a bevy of well-funded competitors, who include Silver… Continue Reading