GridBeyond Limited announced that it has received €6 million in a round of funding led by new investor Claret Capital Limited on October 10, 2022. The transaction included participation from returning investors EDP - Energias de Portugal, S.A., Electricity Supply Board,Total Carbon Neutrality Ventures and ACT Venture Capital Limited. The company has issued non-convertible debt in the transaction.

As part of transaction, the company was signed agreement with investors. The company has raised €16 million in funding till date.