Tyba, a San Francisco, CA-based energy storage optimization platform, has raised $13.9 million in Series A funding.
Investors
The round was led by Energize Capital, with participation from Pear VC, Mobilize Climate Capital, Borusan Ventures, and follow-on investment from Powerhouse, Wireframe, Virta, and Lorimer. This brings Tyba’s total funding to $18.15 million.
Energize Capital, based in Chicago and founded in 2016, is a prominent investor in climate solutions. The firm seeks to scale sustainable innovation by partnering with the builders and operators shaping the future. To date, Energize has funded 30 companies and deployed more than $750 million through its venture capital and growth equity strategies.
Tyba Use of Funds
With this new funding, Tyba aims to expand its reach into new markets and asset classes, continuing to grow its capabilities in optimizing battery storage systems and contributing to the global transition to clean energy.
About Tyba
Tyba is an energy storage optimization platform that uses artificial intelligence (AI) to provide advanced forecasting, trading, and optimization solutions for energy producers. Its primary focus is helping operators maximize revenue from battery storage assets, support grid reliability, and efficiently expand their portfolios during the transition to clean energy. Tyba's platform automates various aspects of battery operations, such as dispatch, bidding strategies, and asset management, while giving operators the ability to make quick, strategic decisions. Tyba works with notable energy companies like TotalEnergies, White Pine Renewables, and Linea Energy.
Funding Details
Company: Tyba Energy Inc.
Raised: $13.9M
Round: Series A
Funding Date: February 2025
Lead Investor: Energize Capital
Additional Investors: Pear VC, Mobilize Climate Capital, Borusan Ventures, Powerhouse, Wireframe, Virta, Lorimer
Company Website: https://www.tyba.ai/
Software Category: AI Energy Management and Optimization
Source: https://www.prnewswire.com/news-releases/tyba-raises-13-9m-series-a-to-improve-the-profitability-of-energy-storage-projects-302369741.html