VIOTAS Funding News – Irish-Based VIOTAS Secures €10M Growth Finance Facility

Led by Paddy Finn, VIOTAS is an Irish company that focuses on smart grid technology and demand-side flexibility services.

Claret is Europe’s largest independent growth debt fund manager. Since 2013, it has supported over 180 small and medium-sized businesses across Europe, helping founders grow with confidence.

“VIOTAS is a key player in energy flexibility markets globally,” says David Bateman, Managing Partner of Claret Capital Partners. “We are excited to support their next phase of growth as they build on their international success and continue to innovate in support of a more sustainable, responsive energy future.”

The Irish company will use the funds to grow internationally and improve its services that help customers earn steady income in changing energy markets.

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The money will support the company’s recent launch in the U.S., where it opened an office in Houston, Texas, to serve the ERCOT market.

It will also help VIOTAS strengthen its services in countries like Australia, where energy price changes can affect customer earnings.

The company is focused on building solutions that give customers more stable, long-term rewards from energy flexibility programs.

“Our partnership with Claret reinforces our strong growth trajectory and enables us to scale with further confidence as we expand to serve more customers globally,” said Prof. Paddy Finn, CEO of VIOTAS.

“Our expansion to date has been predominantly powered by the strength of our business. This facility provides additional firepower to move even faster—developing new technologies, entering new markets, and supporting customers with more resilient, value-generating services,” adds Finn.

It helps large energy users support grid stability in real-time and earn extra revenue from their energy assets.

VIOTAS uses its own advanced technology and engineering expertise to deliver fast and reliable energy solutions.

The company works with a wide range of commercial and industrial partners around the world, including those in Pharmaceuticals, Manufacturing, Medical, AgriTech, and Food & Beverage.

As the world shifts to cleaner energy, VIOTAS is helping businesses save costs and build a more sustainable energy future.

About VIOTAS

Founded in 2013, VIOTAS helps large businesses earn extra revenue and reach their sustainability goals through smart electricity management and demand response services. Our technology lets commercial and industrial companies take part in the power system and get paid for it. We also help utilities manage their power generation and market activities.