What is Fast?
Advanced Microgrid Solutions (AMS) operates at the intersection of energy analytics and industrial load management. Its flagship Armada platform serves as a critical digital layer for commercial and industrial users, as well as utility providers, by synthesizing real-time data into actionable energy profiles. By leveraging advanced storage and load control technologies, the company enables its clients to optimize consumption patterns, thereby identifying significant cost-saving opportunities and new revenue streams. This focus on decarbonization and grid reliability positions AMS as a pivotal player in the transition toward a more digitized and decentralized energy economy.
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 AGL, Energy Impact Partners, DBL Partners, Southern Company, and Macquarie Capital
Debt (2020): $2M with participation from PPP
Key Investors in Fast
DBL Partners
A prominent venture capital firm focused on impact investing, specializing in clean technology, sustainability-oriented products, and information technology.
Energy Impact Partners
An investment firm dedicated to the decarbonization and digitization of the energy industry, collaborating with major utility providers to foster resilient energy solutions.
AGL
A major Australian energy company involved in the generation and retailing of electricity, with a diverse portfolio spanning solar, wind, and natural gas.
What's next for Fast?
Looking ahead, the strategic deployment of $2M is expected to accelerate the adoption of the Armada platform across broader international markets. As the energy sector faces increasing pressure to modernize, AMS is well-positioned to capitalize on the demand for intelligent, software-defined energy management. The company's focus will likely remain on deepening its integration with utility partners and expanding its suite of load control capabilities to address the complexities of renewable energy integration. By maintaining its commitment to innovation and efficiency, AMS is poised to remain a central figure in the evolution of the global energy landscape, driving both economic and environmental value for its stakeholders.
See full Fast company page
