Funding and M&A Roundup: Energy Storage Company Tyba Raises $13.9 Million
TPG to acquire solar project developer Altus Power
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Tyba, a company that provides an optimization platform for energy storage projects, secured $13.9 million in Series A funding, bringing its total funding raised to $18.15 million. Energize Capital led the funding round. With this funding, the company intends to expand its AI-enabled energy forecasting, trading, and optimization solution, assisting energy producers in maximizing revenue, supporting grid reliability, and expanding their portfolios.
