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Ai-Driven Grid Resilience Firm, Prisma Photonics Secures Approximately $20 Million, Led By Insight Partners, To Monitor Large-Scale Critical Infrastructure Towards Net Zero Emissions

PRIVATESep 13, 2023

Amount Raised

$20 Million

Round Type

Funding Round

Tel AvivEnergyTelecommunications

Investors

I NcapitalInsight PartnersElementsClimatech FundSE VenturesFuture Energy VenturesChione Switzerland

Description

Prisma Photonics, the dynamic, AI-driven startup that monitors large-scale infrastructure, such as power grids, announced today that it raised approximately $20M in a Series C round led by New York-based global private equity and venture capital firm Insight Partners, with participation from Elements, a Climatech fund, SE Ventures (Schneider Electric's venture capital arm), Future Energy Ventures (the venture capital investment and collaboration platform of E.ON), Chione Switzerland, and INcapital.

Quick answer

Prisma Photonics raised $20 Million in a Funding Round round, dated September 13, 2023. Investors: I Ncapital, Insight Partners, Elements, Climatech Fund, SE Ventures, Future Energy Ventures and Chione Switzerland. Prisma Photonics is based in Tel Aviv, Tel Aviv District, Israel.

How much did Prisma Photonics raise?
Prisma Photonics raised $20 Million in a Funding Round round on September 13, 2023.
Who invested in Prisma Photonics?
I Ncapital, Insight Partners, Elements, Climatech Fund, SE Ventures, Future Energy Ventures and Chione Switzerland are named as investors in this round.
What does Prisma Photonics do?
Prisma Photonics revolutionizes infrastructure monitoring by using optical fibers to monitor critical large-scale infrastructure like power grids and oil & gas pipelines for thousands of kilometers, eliminating the need..
Where is Prisma Photonics based and how big is it?
Prisma Photonics is based in Tel Aviv, Tel Aviv District, Israel. Fundz records about 101 employees.
Who are the decision-makers at Prisma Photonics?
Fundz holds 1 contact at Prisma Photonics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Telecommunications around the same time

Companies in the same sectors as Prisma Photonics that raised within 45 days of this round, from Fundz verified event records.

  • Inlyte Energy raised $8M (Seed) on October 26, 2023.
  • Healing Co Inc. raised $250K on October 25, 2023.
  • Husk Power Systems, Inc. raised $103M (Series D) on October 24, 2023.
  • Palladium Energy raised an undisclosed amount on October 24, 2023.
  • Skoon Energy raised $5.3M (Funding Round) on October 19, 2023.
  • Cloover raised $7.4M (Funding Round) on October 18, 2023.

Who to call at Prisma Photonics, and when

A new round usually means Prisma Photonics is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Prisma Photonics

Location

Tel Aviv, Tel Aviv District, Israel

About

Prisma Photonics revolutionizes infrastructure monitoring by using optical fibers to monitor critical large-scale infrastructure like power grids and oil & gas pipelines for thousands of kilometers, eliminating the need for sensors. Combining Hyper-Scan Fiber-Sensing™ technology with machine learning allows utility operators to reach environmental and renewable energy goals while keeping operational excellence in their journey to net-zero emissions. Founded in 2017 by an expert team with a proven track record of building and scaling companies in the deep-tech domain

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Prisma Photonics raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Prisma Photonics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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