FlexyGrid Closes €750,000 Seed Round to Scale Energy Flexibility Platform

FlexyGrid has closed a €750,000 seed round, with two-thirds of the capital subscribed by foreign private investors and TechBricks, the Rome-based venture builder that conceived and developed the start-up.

The company operates as a balancing service provider accredited with the GME, Italy's power market operator. Its software platform aggregates distributed energy resources — storage systems, charging points, heat pumps, photovoltaic installations and modulating industrial loads — and monetises their flexibility on Italian markets using artificial intelligence, the Internet of Things and blockchain-certified data. Clients and business partners include Edison and E.ON Italia.

The entire €750,000 will fund technological and market development of the proprietary energy management platform. FlexyGrid runs an asset-light model: it owns no installations and takes no market risk, instead enabling asset owners to access flexibility markets while optimising their financial returns.

The start-up is one of the few Italian operators accredited across all three pilot projects for local flexibility markets (MLF): RomeFlex with Areti, MindFlex with Unareti and Edge with E-distribuzione. It is also finalising participation in AcegasApsAmga's LiveGrid project in Trieste.

"We are very pleased with the outcome of this funding round," CEO Cristian Cavazzuti said in a statement. "The result confirms two things. The first is investors' growing interest in energy and, in particular, in energy flexibility, which is the key that enables the electricity system to absorb ever-increasing shares of renewables without compromising stability. The second is the confidence in FlexyGrid's unique positioning within the competitive national landscape: we are the operator that combines full regulatory accreditation with a multi-market software platform, and this enables us to act as a neutral enabler for utilities, ESCOs, energy storage developers and large industrial users."

A grant and a trade fair slot

The round caps a productive half-year. In the first half of the year, FlexyGrid, as lead partner of a consortium, won a grant of over €1.1 million from the Ministry of the Environment and Energy Security (MASE) under the National Recovery and Resilience Plan (PNRR). The funds support HyFlex, a project focused on integrating hydrogen storage and smart flexibility management in widespread self-consumption set-ups.

More recently, the company won the Lazio Innova competition, securing a place in the Lazio Region's collective delegation at the Smart City Expo World Congress 2026 in Barcelona this November, through its Rome-based operational unit.

TechBricks, the venture builder behind FlexyGrid, specialises in deep tech and AI investments with a presence in Italy and the Middle East. "We are delighted to announce this significant achievement by our portfolio company FlexyGrid," said TechBricks CEO Manuele Monti. "This result confirms that venture builders are capable of creating resilient, investable and market-ready businesses, even in complex sectors with systemic impact such as energy security and grid stability."

FlexyGrid plans to launch a pre-Series A seed round in the first quarter of 2027, targeting stronger market positioning and expansion into further flexibility markets in Italy and selected European countries.