Legal & General Capital and Systemiq have announced an investment in Upside Energy.

The Manchester-based company has developed a cloud platform that uses advanced algorithms and artificial intelligence to co-ordinate connected devices to deliver flexibility services to the energy system.

Upside’s software platform will let customers cut their energy costs or earn revenue by changing their demand curve to solve imbalances for the grid.

This could include many of Legal & General’s own property-backed businesses.