Camus Energy, a San Francisco, CA-based provider of a grid orchestration platform, raised $10M in Series A extension.

SAN FRANCISCO--(BUSINESS WIRE)--Camus Energy, the grid orchestration platform for a 100% electrified future, announced today it has surpassed $25 million in Series A funding after closing its $10 million extension. The round was co-led by climate firm Congruent Ventures and marketplace investor Wave Capital, with participation from Align Impact, Remarkable Ventures Climate fund (RVC), and Groundswell Ventures, alongside Congruent and Wave's Limited Partners. Camus is accelerating society-wide electrification through its grid orchestration platform, which enables electric utility operators and planners to harness the latent flexibility of electrified devices including EVs, batteries, solar inverters and smart thermostats, to actively manage distribution grid capacity, avoiding expensive equipment upgrades and improving reliability. Leading utilities, such as Duquesne Light Company, Vermont Electric Cooperative, Kit Carson Electric Cooperative, and La Plata Electric Association, use Camus’ software platform to manage the impacts of electrification and increase the amount of new demand that can be reliably and sustainably served with existing infrastructure

SAN FRANCISCO--(BUSINESS WIRE)--Camus Energy, provider of the grid orchestration platform for a 100% electrified future, announced today five new utility customers have signed on to leverage the software for monitoring and dispatching distributed energy resources. The co-ops partnering with Camus are Hendricks Power Cooperative of Avon, Indiana; Flathead Electric Cooperative of Kalispell, Montana; Kenergy Corporation of Owensboro, Kentucky; Tipmont REMC of Linden, Indiana; and Trinity Valley Electric Cooperative of Kaufman, Texas. This marks the addition of four new states to Camus’ expanding support for rural electric utilities. The co-ops come to Camus as part of the Community-Integrated Distributed Energy Resilience (CIDER) Initiative, a $4 million project led by the National Rural Electric Cooperative Association (NRECA) and funded by the Department of Energy (DOE). The five utilities were carefully selected by project leaders NRECA, Camus, and Emulate Energy. Rayburn Electric, a generation and transmission (GT) co-op will serve as Trinity Valley Electric Cooperative’s advisor throughout the initiative