Second Foundation
Prague, Czech Republic
About
Founded in 2020, Second Foundation is a private headquartered in Prague, Czech Republic with approximately 200-500 employees specializing in Solar, Wind, Energy Storage.
Second Foundation is a technology company focused on transforming electricity markets through quantitative trading, market making, and renewable energy integration. The company operates in three main areas: Asset Development (deploying grid-scale BESS systems), Asset Monetization (trading and flexibility optimization for renewable assets), and Trading (providing market liquidity in European spot markets). Using advanced machine learning, mathematical models, and low-latency technology, Second Foundation forecasts renewable behavior, optimizes grid balancing, and enables market access for decentralized renewable energy sources through Virtual Power Plant infrastructure.
Headquarters
Prague, Czech Republic
Founded
2020
Employees
200-500
Company Type
Private