Accenture Ventures made a strategic investment in Reactive Technologies, a London, UK- and Finland based provider of power and grid technology to allow utilities to accelerate the transition to low-carbon energy.
The terms of the deal were not disclosed.
Led by Marc Borrett, CEO, Reactive Technologies Reactive Technologies is an innovative UK and Finland based cleantech company which aims to accelerate the transition to a low carbon future via a patented data measurement and analytics platform for Transmission System Operators (TSOs) and Distribution Network Operators (DNOs) that address the energy industry’s greatest challenges. Reactive’s services enable TSOs, DNOs and energy market participants to operate effectively, with lower risk and cost exposure as greater renewable generation is deployed, used and traded across power systems globally.
Reactive is now part of Accenture Ventures’ Project Spotlight, an engagement and investment program that targets emerging technology software businesses to help the Global 2000 embrace the power of change and fill strategic innovation gaps.
Through the program, Reactive Technologies will co-innovate with Accenture and its clients at its Innovation Hubs, Labs and Liquid Studios, working with subject matter experts to bring solutions to market quickly and effectively.