The startup on a mission to transform the energy system
by Startacus Admin
Upside Energy - The Manchester based startup that's creating innovative digital solutions that support the energy management systems of the future
It’s not exactly a secret that relying on fossil fuels is a short-sighted, finite solution to energy production. Renewable energy is on the rise and becoming more powerful. Soon, we will live in a world where homes and businesses all contribute to a cleaner energy system. Not long after that, hopefully, we will have an entirely clean and green energy grid, although we are admittedly still quite a way off. Manchester-based Upside Energy wants to help bring an end to this reliance and usher in a new era. Upside is a cloud-based platform that can connect with a multitude of devices across commercial, industrial, and domestic sites, including battery storage systems, electric vehicle charge points, UPS, and heating and cooling systems.
It can support over 100,000 devices running in parallel. Using advanced algorithms and artificial intelligence to match energy demand with the available supply, it helps the electricity grid deal with fluctuations and times of peak usage. Customers benefit from a significant reduction in both energy costs and carbon emissions.
Because the platform works in the cloud, in real-time, Upside can respond rapidly to market signals and deploy new solutions as the energy system evolves. That means they can give customers immediate visibility of their energy usage and device performance, identifying opportunities as they emerge.
Upside Energy has been doing well since its creation in 2013 for the Nesta Dynamic Demand Challenge. Not only did it almost immediately start receiving funding for pilot projects, but it has been winning awards and recognition left, right, and centre. These include reaching the EDF Blue Lab final, being named national winner of the Shell Springboard programme in 2017, and winning the 2018 Ashden Award for Energy Innovation. So, in other words, it’s all upside for this startup!
For other startups in the energy sector or with products and services that can be applied to it, have a look at our article about IlluminationLAB, a bootcamp, energy summit, and 10-week proof of concept program to co-create innovative energy products and services.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Want to build an investable, scalable tech startup? The Raise Accelerator programme is now open for applications and will help you do just that.
Want to increase visual engagement for your startup's Instagram account? These tips will help you do just that.
Want to gain an edge over your business competitors? Listening to your audience is an absolute must.
The Clothes Doctor mission to fight fast fashion continues as the innovative eco clothing care brand raises £1m to support further growth.
If you plan on using social media to promote your brand, these simple rules will help, increasing both brand awareness and the number of consumers.
High-potential social impact startups from the UK sought for the 9th annual Les Tremplins by Voyage Privé programme.
The lowdown on Danish startup EvodiaBio and its innovative tech that produces sustainable aromas for the food and beverage industry.
Small Business Britain’s ‘How to Grow’ report outlines how small businesses are responding to economic challenges and how they can grow during recession.
Odd Coffee Company - the startup that's tackling coffee wastage by offering sustainably-sourced surplus coffee, rescued from British roasters.
Tech Nation shares an overview of the impact they have had on the UK's tech economy and ecosystem.
Published on: 18th March 2019
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Raise Spring Accelerator programme seeking applications for next cohort 30th Jan 2023 Want to build an investable, scalable tech startup? The Raise Accelerator programme is now open for applications and will help you do just that.
- Leading French Travel Co. Offers Mentoring to two UK startups on its prestigious two-month programme 23rd Jan 2023 High-potential social impact startups from the UK sought for the 9th annual Les Tremplins by Voyage Privé programme.
- Small businesses need new model for growth in recession 23rd Jan 2023 Small Business Britain’s ‘How to Grow’ report outlines how small businesses are responding to economic challenges and how they can grow during recession.
- Tech Nation responds to the DCMS Digital Growth Grant announcement 20th Jan 2023 Tech Nation shares an overview of the impact they have had on the UK's tech economy and ecosystem.
