Clipperton acted as sole financial advisor to Elum Energy – a leading provider of advanced energy management solutions for renewable energy systems – in the structuration of a $13 million acceleration round led by US investor Energize Capital, with the participation of existing investor Alter Equity and Cota Capital.
This Series B funding will support the company’s ambitious growth plans to address the booming global renewable market, including a U.S. launch, as well as product evolution within the energy storage and EV integration categories.
September 10th, 2024 - Launched in 2016 in Paris, Elum Energy provides control solutions for hybrid power plants. Specifically, its controllers harmonize the flows of the energy system in order to optimize by favoring solar production and limiting diesel production where necessary, calibrating grid injection or improving the self-consumption rate, and, in the presence of storage, optimizing the charging and discharging of batteries.
