Smpnet Raises $1.4 Million As It Puts The Power Back In To Grid Operators Hands
05/02/23, 9:03 AM
Location
londonMoney raised
$1.4 million
Industry
marketing
Round Type
seed
Investors
Ian Marchant, Marathon Venture Capital
UK-based SMPnet has raised a $1.4 million to bring its power grid technology to markets in the US and Europe. Currently with teams in Scotland and England, the real-time control software helps traditional power grids deal with 'untraditional' methods, including renewable energy, change in flows and storage. The company will use funds to accelerate business development and inject some energy into its marketing and business development efforts
Company Info
Location
london, ontario, canada
Additional Info
SMPnet is a UK-based technology provider offering an advanced suite of smart solutions to support efficient energy transition and flexible control of energy systems. SMPNet helps energy service companies, utilities and local energy network providers to deliver effective, sustainable and profitable asset management essential to energy integration and development of future energy distribution.