Piclo
Founded 2013 · 26 employees on LinkedIn · 6 known investors
Piclo operates an independent online marketplace for energy flexibility, connecting owners of flexible energy assets (sellers) with grid operators and other buyers procuring flexibility services. The platform serves the electricity grid sector across multiple regions including the UK, US, Italy, Portugal, Australia, and Belgium.
Also known as Piclo Flex
Investors · 6
Also in the syndicate · 3
Company profile
researched Aug 2026Piclo operates an independent marketplace for energy flexibility that connects flexibility sellers - such as electric vehicle and battery operators and aggregators of distributed energy resources - with flexibility buyers including utilities, transmission and distribution system operators, and energy retailers. Its platform, Piclo Flex, provides end-to-end support for procuring, dispatching, operating and settling local flexibility services, using competitive auctions in which flexibility providers bid for contracts. The stated mission is to accelerate decarbonization of electricity grids by giving sellers access to commercial opportunities across multiple markets and geographies while giving buyers access to a vetted pool of flexibility providers.
Alongside the marketplace, Piclo publishes a Data Hub containing publicly available flexibility market datasets, including UK and Portugal competition and bid reports, exchange listings, Local Constraint Market (LCM) results, and GeoJSON constraint-zone boundary files for network operators such as NESO, Northern Powergrid, UK Power Networks, SP Energy Networks and Electricity North West.
Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 6
launches, deals, and filingsPiclo closed a Series B round of £8.3 million co-led by Future Energy Ventures and Clean Growth Fund, with existing investor Green Angel Syndicate and new investors Toshiba Energy Systems & Solutions, Sustainable Future Ventures and Japan Energy Fund. Proceeds were earmarked for expansion in the UK, Europe, the US and Asia-Pacific, team growth and product development.
Clean Growth Fund made its first investment in Piclo in December 2020; Piclo was the fund's first investment.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 7
primary sources listed
- Piclopiclo.energy · web
7 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Piclo do?
- Piclo runs an independent online marketplace where owners of flexible energy assets sell flexibility services to grid operators.
- Who are Piclo's investors?
- Piclo's investors include Bethnal Green Ventures, Clean Growth Fund, Future Energy Ventures.
