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Ascend Analyticsa Boulder, Colorado-based provider of energy transition analytics solutions, received investment from Rubicon Technology Partners.
Rubicon was joined by climate investment firms Galvanize Climate Solutions and Silversmith Capital Partners.
The transaction amount was not disclosed.
The company plans to use the funding to accelerate growth, product innovation and expansion of its suite of analytical solutions.
Ascend Analytics, led by CEO Dr. Gary Doris, is dedicated to the energy transition, providing software and consulting services that capture the evolving, real-time dynamics of energy markets. Ascend’s products help utilities, renewable energy developers, independent power producers, financial institutions, corporations, and other energy market participants develop, finance, and develop energy assets in an increasingly complex energy market environment. We will help you optimize it.
The company’s product suite includes BatterySIMM, a standard for energy storage modeling and development, PowerSIMM, a resource selection and portfolio management solution, and SmartBidder, an energy storage bid optimization platform.
Commenting on the news, Dr. Gary Doris said:We are now at an inflection point in our transition, and this partnership will allow Ascend to grow at the speed and scale needed to meet that moment. We are very proud of everything our team has accomplished.We’re veterans in this field, but we feel like we’re just getting started.”
financial small business
2024/03/22
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