Virtual Peaker, a virtual power plant software company specializing in AI-enabled grid-edge technology, has secured additional financing led by Greensoil PropTech Ventures, with participation from Susquehanna Sustainable Investments and other existing investors. The funding will support the company’s growth, enhance its distributed energy resource (DER) management capabilities, and help utilities meet increasing electricity demand while integrating more clean energy solutions. At its core, Virtual Peaker’s platform enables utilities to dynamically manage energy loads, leveraging smart (IoT) devices like thermostats, batteries, and EVs to optimize grid performance and advance the goal for greener energy.

Virtual Peaker Completes Additional Round of Financing, Led by Greensoil Proptech Ventures