TTyba provides an AI-powered platform to boost the profitability of energy storage projects for developers, owners, and operators. It has two modules: a Project Simulation Module for modeling and underwriting standalone and co-located storage projects across North America, Europe, and Oceania, and an Auto-Bidding Module that uses AI price forecasts, optimization, and bidding algorithms to maximize revenue in markets like CAISO and ERCOT, acting as a mission control center for forecasting, trading, and dispatch. Tyba differentiates itself with an integrated end-to-end solution that covers both project design and ongoing operations, supports large asset modeling (over 100 GW) and live bidding, and works with major clients such as TotalEnergies. Its goal is to scale its capabilities into new markets and asset classes while continuing to maximize revenue for energy storage assets.
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Industries
Company Size
11-50
Company Stage
Series A
Total Funding
$16.2M
Headquarters
San Francisco, CA
Founded
2021
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Total Funding
$16.1M
Below
Industry Average
Funded Over
2 Rounds
Industry standards
Throughout the pilot, Avangrid's teams collaborated closely with Tyba through weekly working sessions and engagement.
Tyba, a San Francisco-based energy storage optimization platform provider, raised $13.9M in Series A funding led by Energize Capital, with participation from Pear VC, Mobilize Climate Capital, and Borusan Ventures, and follow-on investment from Powerhouse, Wireframe, Virta, and Lorimer. The funds will be used to scale its AI-enabled energy solutions. This brings Tyba's total funding to $18.15M.
Noon Energy, a startup that makes high-density carbon-oxygen batteries, raised $28 million in Series A funding from Clean Energy Ventures and Aramco Ventures’ Sustainability Fund.
Tyba, an Oakland, CA-based modeling platform for developing, financing, and operating solar and storage projects, raised $2.25m in seed funding. The round was co-led by Powerhouse Ventures andWireframe Ventures, with participation from Lorimer Ventures, MKT1 Capital, and Virta Ventures.The company intends to use the funds to continue to expand operations and its development efforts. Led by Michael Baker, CEO, Tyler Nisonoff, CTO, and Tom Thunell, COO, Tyba provides an accessible modeling platform that simplifies and unifies project modeling applications, adding value during both development and operations. Leading community and utility-scale solar and storage firms are currently using its models to determine solar production and energy storage dispatch, leverage wholesale market price data (historical and forecasted) to inform optimal dispatch and project valuation, and generate risk-adjusted bids for physical power delivery. For each, the company uses the best models available, whether that is AI/ML for price forecasting, cutting-edge physical models for energy production, or tried and true linear optimizers.FinSMEs26/01/2023
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Industries
Company Size
11-50
Company Stage
Series A
Total Funding
$16.2M
Headquarters
San Francisco, CA
Founded
2021
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs