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Portfolio – Silicon Republic

Report: 60pc of large companies report mental health issues among IT workers China blocks Meta’s $2bn Manus acquisition Ireland’s solar sector hits 1GW of energy for first time After Amazon, Google commits up to $40bn in Anthropic Cohere buys Aleph Alpha to forge sovereign AI alternative to US Big Tech 4 easy ways to stay on top of cybersecurity in the workplace 15 companies you’ll see at NIBRT Careers in Biopharma 2026 Bloomberg: Bezos’ Project Prometheus bags $10bn at $38bn value Meta to lay off 10pc of its workforce amid an AI push China's DeepSeek unveils long-awaited V4 AI model Intel’s shares soar as Q1 results signal brighter future MongoDB to create 200 new jobs as it invests €74m into Irish operations Why it's full STEAM ahead for young people upskilling in Ireland's west Swedish legal-tech Legora buys AI legal research start-up Qura Belfast’s Cloudsmith eyes ‘massive growth’ with $72m raise France's Univity raises €27m to allow European telecoms to compete with Starlink AI race intensifies with Google's new agent management platform Government launches new AI initiative for greater access to essential skills Free and inexpensive cybersecurity courses to undertake in 2026 UL looking for ‘changemakers’ amid Research Week 2026 OpenAI taps Airbnb exec as first EMEA managing director EAM platform Blue Mountain acquires Cork’s CompuCal Calibration Solutions SpaceX agrees right to buy AI coding darling Cursor for $60bn Anthropic probing reported Mythos leak on Discord Professional job openings across Ireland increased in Q1, finds report Contract hiring evidence of a cautious jobs market, finds report Can you rely on AI chatbots for medical advice? €6.9m awarded to final four National Challenge Fund winners Amazon investing up to $25bn in Anthropic AI infrastructure deal Vodafone Ireland to invest €360m over the next four years Tim Cook passes Apple leadership to hardware head John Ternus Stripe alum's Seapoint raises €7.5m as ‘financial home’ to start-ups When it comes to leadership, do companies know what they are doing? 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Dublin’s GridBeyond to support energy efficiency with new global headquarters
Laura Varley · 2026-05-06 · via Portfolio – Silicon Republic

From left: Richard O’Loughlin, Peter Burke, Michael Phelan and Jenny Melia. Image: Paul Sherwood, Coalesce

The new facility marks a key milestone in GridBeyond’s plans for continued expansion.

Irish founded smart energy company GridBeyond has today (6 May) officially opened the new Dublin-based global headquarters. The new facility is a key element in the organisation’s expansion plans and will serve as the central hub for GridBeyond’s global operations across nine electricity markets on four continents.

Established in 2010 by Michael Phelan and Richard O’Loughlin, GridBeyond uses AI-powered technologies and techniques to optimise energy generation, distribution and storage. The company employs more than 160 people and has seven global locations across Europe, Asia, North America and Australia. 

GridBeyond has stated that the new headquarters has been designed to support both operational scale and future growth, with the aim of creating an environment focused on collaboration, innovation and employee wellbeing as the company continues to attract talent in Ireland and internationally.

Commenting on the announcement, the Minister for Enterprise, Tourism and Employment, Peter Burke, TD said, “GridBeyond is an excellent example of the ambition and capability of Irish companies operating at the forefront of the global energy transition. 

“The opening of their new headquarters in Dublin reinforces Ireland’s position as a hub for innovation in energy and technology and demonstrates how Irish SMEs are developing solutions with real global impact. Supporting companies like GridBeyond to start, scale and succeed internationally remains a key priority for the Government.”

Michael Phelan, the CEO and co-founder of GridBeyond, added, “This new headquarters reflects the scale GridBeyond has reached as a global energy optimisation platform. Managing over 5GW of assets across multiple markets requires real-time intelligence, automation and deep market expertise.”

In March of this year Samsung Ventures invested in GridBeyond as part of a €12m equity round. GridBeyond explained the company will use the funding to accelerate expansion across key strategic markets including in the UK, Ireland, the US, Japan and Australia.

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