Hytrade has developed an AI-driven SaaS solution to optimize energy consumption and trading for industrial processes, enhancing efficiency in renewable electricity use. This platform caters to modern industrial sectors, including data centers and wind farms, enabling them to effectively manage energy needs and participate in electricity markets.
Hytrade’s co-founder and CEO, Anne Särkilahti, states, “Through optimization and intelligent electricity trading, we can lower total production costs for businesses in the clean transition sector, providing them with a genuine competitive advantage.”
“Hytrade’s innovative approach, deep expertise in the energy sector, and strong understanding of customers’s businesses were reasons why Gorilla decided to invest in the company,” says Ami Rubinstein, partner at Gorilla Capital.
“From the very beginning, collaboration with Gorilla has been very easy and straightforward and within even the first short discussions, they have been able to give us valuable insights on how to build and run your startup company.” , Anne concludes.
Other investors in the round included Sofokus Ventures, Kanssasijoitusrahasto, and individual angel investors.
For more information, visit Hytrade’s website: Hytrade
Learn more about Gorilla Capital’s investment strategy: https://gorillacapital.fi