Shell Ventures’ Investment in AutoGrid


O’Melveny represented AutoGrid on the deal

AutoGrid, the leader in flexibility management software for the energy industry, has closed on a new equity investment from Shell Ventures LLC.

This funding comes as an extension to the Series D investment round announced in September from a powerful consortium of energy companies that includes CLP Group, innogy, National Grid, Ørsted, Tenaska, Energy Impact Partners, Envision Ventures and Total Energy Ventures.

This investment will further accelerate AutoGrid’s deployment of AutoGrid’s Energy Internet Platform™ and AutoGrid Flex™ for artificial intelligence (AI)-driven predictive controlsTM of connected, distributed and flexible energy assets in real time and at scale.

The O’Melveny team was led by Silicon Valley partner Paul Sieben (Picture) and Bhavreet Gill.

Involved fees earner: Paul Sieben – O’Melveny & Myers LLP; Bhavreet Singh Gill – O’Melveny & Myers LLP;

Law Firms: O’Melveny & Myers LLP;

Clients: AutoGrid Systems, Inc.;