H
Hydrogrid
Fully automated software solutions for the optimal control of hydro power plants 'from water to money'
About Hydrogrid
Hydrogrid is a technology company that provides a software-as-a-service (SaaS) platform, HYDROGRID Insight, for the hydropower industry. The platform is designed for hydro asset managers, production planners, and traders to optimize their operations.
Read full description
The core of the business is a proprietary machine learning algorithm that delivers precise inflow and power price forecasts. This enables clients to automate production planning and optimize trading strategies across various power markets, including yearly hedging, day-ahead, and intra-day markets. The software also assists in navigating operational constraints and ensuring environmental compliance.
By integrating water management and production planning, the company helps hydropower plants to adapt to the increasing volatility of the energy market and the challenges posed by climate change. The goal is to maximize the value of water resources and enhance the operational efficiency of hydropower assets. The company serves clients globally, offering a tool to make data-driven decisions for both short-term and long-term planning.
At a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Vienna, Austria
- Employees
- 42
- Open positions
- None listed
- Dealroom signal
- 67.2/100
- Sub-industry
- Clean Energy, Water
- Sector
- Energy, Core AI, Hydropower, Sustainable Development Goals, Climate Tech, Renewable Energy, EIT Supernovas, Hard Tech, Woman Founder, EIT Ecosystem, AI Applications
- Business model
- SaaS
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Hydrogrid.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Dec 2023 | $8.5M | $34M | CNB Capital · Inven Capital · SET Ventures · Karma Ventures | ↗ |
| GRANTOther financing | Jul 2023 | $770K | — | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Hydrogrid is 170 monthly website visits, down 91.9% over the last three months. Hydrogrid's team declined 6.7% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Vienna Business Agency
Series A4 investors entered at this stage
SET Ventures
CNB Capital
Inven Capital
Karma Ventures
Other known investors1 additional known investor
EIT Climate KIC
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Hydrogrid on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Hydrogrid’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.