Blockchain, AI, Renewables, Distributed Energy Management System, Peer-to-Peer Exchange System, Local Energy Market, Virtual Power Plants
Urbanchain is developing a world-leading and innovative platform, thanks to blockchain technology and artificial intelligence AI, that directly links energy consumers (i.e. householders and small businesses) to energy generators in the wholesale market, and facilitate switching to the best deal in almost real-time. We aim to offer significant savings in energy bills for consumers, a level and competitive market for electricity from renewables and help in making agile and transparent enforcement cases for regulators.
B2B2C, B2C, B2B
26 to 50
Seed
£1.4 M
Scaling Up
2017
Utilities
Renewables Energy
Renewables & Environment
Environmental Services
Electrical Components & Equipment
Electric Utilities
N/A
Increase Productivity
Production
IT and Security
Service
Yes
Active
Machine Learning
Machine Perception
Natural Language Processing
Automated Planning and Search
N/A
N/A
Software
N/A
N/A
1
1
$1.2M
Company was founded 2017 and it took almost 5 years (Dec 2022) to raise first external round
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