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The Energy Autopilot for Industries

Company description

Skye is building an AI-driven software platform that helps energy-intensive industries forecast, optimize, and control their electricity consumption in real time. As renewable energy becomes a larger share of the grid and electricity prices grow more volatile, Skye enables companies to adjust operations dynamically, reduce costs, and take advantage of low-price periods and surplus renewable power.

The platform integrates with existing industrial control systems and automatically manages energy usage through forecasting, load shifting, and participation in grid-balancing markets. By turning energy volatility into an operational advantage, Skye helps industrial companies lower costs, reduce emissions, and generate new revenue from flexible energy demand.

Why we invested

“I am deeply impressed by the Skye team! It’s rare to see such an ambitious and complementary team with this level of founder-market fit, including energy veterans, AI experts, and repeat founders. What they’re building isn’t just innovative; it has the potential to drive massive financial returns and dramatically reduce environmental impact for real-world businesses. This is the kind of company that doesn’t just move fast- it moves the needle” - Sara Rywe, partner

Founders
Linus Frosteryd
Co-Founder & CTO
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Tor Espen Steinvik
Co-Founder & CEO
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Work for

Skye

VERTICAL
Energy & Climate
Country
Sweden
INvested in
Pre-Seed
2024
Collective contributions
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