UK startup Greenpixie raises £4.7M to cut AI and cloud energy waste for enterprises

Energy SaaS startup Greenpixie has closed a £4.7 million pre-Series A round to help the world's largest companies cut millions of dollars in wasted IT spend. Created to provide a crucial layer of sustainability intelligence to decarbonise cloud and AI infrastructure usage, the investment in the UK-based company is led by VERBUND X Ventures , the corporate venture capital arm of one of Europe’s largest renewable electricity producers. Octopus Ventures , Armajaro Holdings, and Green Angel Ventures