What is Fast?
Fast, operating as Advanced Microgrid Solutions, provides a sophisticated platform for energy analytics and grid optimization. By leveraging real-time data, the company enables large-scale commercial and industrial users, as well as utility providers, to refine their energy consumption profiles. The core of their offering, the Armada platform, facilitates advanced load control and energy storage management, effectively identifying cost-saving opportunities and revenue streams. Through strategic collaborations with major technology providers, Fast is actively modernizing the energy sector, driving the transition toward more reliable, affordable, and sustainable power systems.
How much funding has Fast raised?
Fast has raised a total of $63.8M across 6 funding rounds:
Debt
$1M
Multiple Rounds
$26.1M
Series B
$34.7M
Debt
$2M
Debt (2014): $1M, investors not publicly disclosed
Debt (2015): $1.3M, investors not publicly disclosed
Series A (2015): $18.8M supported by Engie SA and DBL Partners
Private Equity (2015): $6M featuring Engie SA
Series B (2017): $34.7M backed by Macquarie Capital, Energy Impact Partners, AGL, Southern Company, and DBL Partners
Debt (2020): $2M with participation from PPP
Key Investors in Fast
Energy Impact Partners
An investment firm dedicated to transforming the energy industry towards a decarbonized, decentralized, digitized, and electrified future.
DBL Partners
A venture capital firm focused on impact investing, specializing in clean tech, sustainability-oriented products, and information technology.
Engie SA
A global energy services company based in France, providing electricity, natural gas, and comprehensive energy management solutions.
What's next for Fast?
Following its latest capital infusion, Fast is positioned to accelerate the deployment of its Armada platform across broader international markets. The company's trajectory, supported by a diverse group of energy-focused investors, suggests a strategic pivot toward deeper integration with decentralized energy resources. As the global energy economy continues to prioritize decarbonization and grid resilience, Fast is expected to leverage its existing partnerships with major utility providers to scale its load control technologies, ultimately enhancing the efficiency of the modern electrical grid.
See full Fast company page
