SYSO Technologies, a Cambridge, MA-based market operator for renewable energy and battery storage developers and asset owners, raised $10M in Series A funding.
Lacuna Sustainable Investments made the investment.
The company intends to use the funds to enter in new domestic and international markets and grow its software engineering, operations, and sales teams.
Led by CEO Chris Gosline SYSO Technologies manages renewable energy and storage project operations for developers and independent power producers, maximizing their value per megawatt. Offerings include asset registration, commissioning, operation, optimization, reporting, and settlement. Anchored by a veteran team with nearly 1 GW under management and deep experience across all North American markets, SYSO operates today in ISO-NE, NYISO, PJM, MISO, ERCOT, CAISO, and several regulated markets.
FinSMEs
26/10/2022