About Flower

Flower develops forecasting, optimization, and trading software to enhance the stability of electricity grids by managing the uncertainties associated with renewable energy production. Their technology enables energy assets to actively participate in grid frequency regulation and price stabilization, generating additional revenue for asset owners.

```xml <problem> The increasing reliance on renewable energy sources introduces significant uncertainties into electricity grids due to the intermittent nature of solar and wind power generation. These fluctuations can destabilize grid frequency, prices, and overall energy supply, affecting grid operators, energy producers, and consumers. </problem> <solution> Flower provides forecasting, optimization, and trading software that enables energy assets to actively stabilize electricity grids amidst the variability of renewable energy. The platform allows diverse energy resources, including battery energy storage systems (BESS), solar, wind, and demand response assets, to participate in grid frequency regulation and price stabilization. By leveraging advanced forecasting algorithms, Flower's software optimizes the dispatch of these assets, enhancing grid resilience and creating new revenue streams for asset owners. The company's solutions facilitate the integration of renewable energy sources while maintaining grid stability and economic viability. </solution> <features> - Advanced forecasting models for predicting renewable energy production and grid demand - Optimization algorithms for real-time dispatch of energy assets to balance supply and demand - Automated trading capabilities for participation in frequency regulation and energy markets - Support for a wide range of energy assets, including BESS, solar, wind, and demand response - Grid-scale BESS solutions, including development and optimization - Integration with existing grid infrastructure and market systems </features> <target_audience> Flower's primary customers include grid operators, energy producers (solar, wind), owners of battery energy storage systems, and aggregators of demand response resources. </target_audience> ```

What does Flower do?

Where is Flower located?

Flower is based in Stockholm, Sweden.

When was Flower founded?

Flower was founded in 2020.

How much funding has Flower raised?

Flower has raised $121.7M.

Who founded Flower?

Flower was founded by John Diklev.

John Diklev - CEO

Location

Stockholm, Sweden

Founded

2020

Funding

$121.7M

Employees

238 employees

Investors

Giant Ventures

Flower

Stockholm, SwedenFounded 202023810K+ followers10/10 TractionRelative Traction Score based on online presence metrics compared to companies in the same age group.

Updated 3 months ago

Funding

$121.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

Funding rounds are not available yet.

Founders

Product

Problem

The increasing reliance on renewable energy sources introduces significant uncertainties into electricity grids due to the intermittent nature of solar and wind power generation. These fluctuations can destabilize grid frequency, prices, and overall energy supply, affecting grid operators, energy producers, and consumers.

Solution

Flower provides forecasting, optimization, and trading software that enables energy assets to actively stabilize electricity grids amidst the variability of renewable energy. The platform allows diverse energy resources, including battery energy storage systems (BESS), solar, wind, and demand response assets, to participate in grid frequency regulation and price stabilization. By leveraging advanced forecasting algorithms, Flower's software optimizes the dispatch of these assets, enhancing grid resilience and creating new revenue streams for asset owners. The company's solutions facilitate the integration of renewable energy sources while maintaining grid stability and economic viability.

Target Audience

Flower's primary customers include grid operators, energy producers (solar, wind), owners of battery energy storage systems, and aggregators of demand response resources.

Features

Advanced forecasting models for predicting renewable energy production and grid demand
Optimization algorithms for real-time dispatch of energy assets to balance supply and demand
Automated trading capabilities for participation in frequency regulation and energy markets
Support for a wide range of energy assets, including BESS, solar, wind, and demand response
Grid-scale BESS solutions, including development and optimization
Integration with existing grid infrastructure and market systems