Details

Last Funding Type

Series A

Last Funding Money Raised

£5.50M

Industries

Energy,Energy Efficiency,Energy Management

Founded date

Jan 1, 2013

Number Of Employee

11 - 50

Operating Status

Active

Upside Energy reduces greenhouse gases by enabling people to make smart choices about when to use energy.

Every flick of a switch is supported by a vast complex network delivering the power they need. Regardless of the time of day, season, other demands being made on it, it springs to their command.

It’s also pretty brutal. To deliver that energy, it extracts millions of tonnes of fossil fuels. It emits greenhouse gases and other pollutants. It lays thousands of miles of wire and pylons across the countryside. It meets their demands regardless of the environmental consequences.

Their vision is for a world where people use energy without damaging the environment. They want to build a world that delivers the energy they need, but in a way that respects the environment and wider society. They want a harmonious energy system, not a discordant one. So we’re building a service that orchestrates elements of the energy system so that their demands fit a little more cleanly with what the environment can deliver.

Founded in 2013 by Dr Graham Oakes, Matt Potts, Matt Fisher and Andy Molineux, Upside has grown and they are now a team of 12 people based in Salford and London.