Last year, Irish energy technology company GridBeyond closed a €52 million all-equity funding round. Then came the pressure to do something with the money. “You raise a funding round and then you have to go off and expand into the market,” Michael Phelan jokingly told The Currency this week. With half of the capital earmarked for investment and growth, GridBeyond is now making good on its ambitions. Ten months on, the company is starting to harvest the fruits of that investment, the low-key founder and CEO said, with a major new contract in Southern California. The contract with UK energy…

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