Schneider Buys Stake in AutoGrid to Tap its Software for Distributed Energy and Microgrids | Greentech Media

Wednesday's funding led through Schneider electric Ventures will give it roughly a 10-percent stake in AutoGrid, Heriberto Diarte, govt vice chairman of the undertaking arm of the French electrical device and grid technology massive, said in an interview. The Redwood metropolis, Calif.-primarily based startup has raised greater than $75 million in funding.

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