Virtual Peaker Announces New Funding Round Led by Veriten
Louisville, KY — Virtual Peaker, a prominent provider of virtual power plant software solutions, has announced the completion of a new funding round led by Veriten, a strategic research and investment firm specializing in the future of energy. This investment aims to bolster Virtual Peaker's growth as it develops advanced grid-edge technologies tailored for utilities operating within a decentralized energy environment.
Plans for Growth and Technology Development
With this fresh capital injection, the company plans to expedite its market expansion, enhance product features, and scale its demand flexibility platform. This platform enables utilities to efficiently manage distributed energy resources such as smart thermostats, batteries, electric vehicles, and other devices. By integrating these assets into virtual power plants, Virtual Peaker offers scalable load flexibility and encourages consumer participation in fostering a resilient and adaptive energy infrastructure.
Leadership Perspectives
"We are excited to have Veriten’s backing as we work towards creating a more adaptable and depe...