Equilibrium: Equilibrium Energy Secures $28M Series B2 Funding
Deal News | Mar 13, 2025 | Goodwin
Equilibrium Energy, a leader in energy portfolio management for the power industry, has secured $28 million in a Series B2 funding round. The round was led by GS Energy with participation from both new and existing investors, including NRG Energy. This funding aims to accelerate Equilibrium's mission to enhance power companies' operational potential by expanding on their existing offerings. The Series B2 will help further develop Equilibrium's EQ Mission ControlTM platform, which combines artificial intelligence and advanced power systems to revolutionize energy portfolio management. Goodwin's Technology team was instrumental in advising Equilibrium through this successful funding round.
Sectors
- Energy
- Technology
Geography
- United States – Equilibrium Energy is based in the U.S., and several key investors, such as NRG Energy, are also headquartered there.
Industry
- Energy – Equilibrium Energy operates in the energy sector, focusing on power industry portfolio management.
- Technology – Equilibrium Energy's use of artificial intelligence and software engineering in its EQ Mission ControlTM platform places it firmly in the technology sector.
Financials
- $28 million – The amount raised by Equilibrium Energy in the Series B2 funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Equilibrium Energy | Target Company | Company | A market leader in energy portfolio management, leveraging AI and software engineering. |
| GS Energy | Lead Investor | Company | Led the Series B2 funding round for Equilibrium Energy. |
| NRG Energy | Investor | Company | Participated in the Series B2 funding round. |
| Goodwin | Legal Advisor | Company | Advised Equilibrium Energy on the closing of the funding round. |