Fundz

National Grid Backs Digital Twin Startup Sensat In £17M Series B

PRIVATEOct 21, 2022

Amount Raised

£17 Million

Round Type

Series B

Construction

Description

London-based Sensat has secured £16.7m in a Series B funding round led by National Grid Partners for its digital twin technology aimed at the construction industry.

Quick answer

Sensat raised £17 Million in a Series B round, dated October 21, 2022.

How much did Sensat raise?
Sensat raised £17 Million in a Series B round on October 21, 2022.
What does Sensat do?
Sensat is a leading digital twin technology company.

Source: Fundz verified event record.

Who else raised in Construction around the same time

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

  • TYLin raised $82M on November 25, 2022.
  • Dandelion Energy raised $70M (Series B) on November 15, 2022.
  • SKYX Platforms raised $653K on November 9, 2022.
  • Aro Homes raised $21M (Series A) on November 3, 2022.
  • Buildforce raised $5M (Seed) on November 3, 2022.
  • Granite Creek Copper Ltd raised an undisclosed amount (Post-IPO Equity) on October 5, 2022.

Who to call at Sensat, and when

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

  • An alert the day Sensat raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Sensat, from your own LinkedIn network

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Company Information

Company

Sensat

About

Sensat is a leading digital twin technology company. We collect and deliver infrastructure data in our visualisation platform, translating the real world into a digital version, to help physical industries analyse and understand their built environments and make smarter decisions. Now your whole team can access an infrastructure site 24/7 from any device to plan projects, monitor progress, take measurements,inspect details and manage maintenance, so you can make important decisions fast, without arranging another visit out to the site. Today Sensat's solutions are being used by leading infrastructure companies, such as Aecom, Connect Plus, Heathrow, Kier, Morgan Sindall, Network Rail and WSP. The company has raised over $25m in venture from some of the world’s leading investors.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.