# Smarter Grid Solutions funding: rounds and investors

> Smarter Grid Solutions has raised $19M across 3 rounds since 2012. Investors include Scottish Equity Partners, Scottish Enterprise and University of...

Source: https://millionrounds.com/company/smarter-grid-solutions (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Smarter Grid Solutions*

3 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

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Funding summary Updated 27 Oct 2026

**$19M** raised across 3 rounds since 2012, from 3 sources

**$4.8M** Round **$14M** Round

- **Latest round:** Round, $14M Oct 2021
- **Step-up i:** 2.9×
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2012 2014 2016 2018 2020

**?** Round

**$4.8M** Round

**$14M** Round

- **First round:** Round
- **Biggest round:** $14M
- **Usual gap between rounds:** 8.8 years

## The rounds

- **Oct 2021** Round **$14M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jan 2013** Round **$4.8M** *2 new* *1 returning* [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [Scottish Equity Partners](https://millionrounds.com/fund/scottish-equity-partners) [University of Strathclyde](https://millionrounds.com/fund/university-of-strathclyde) Reported by sep.co.uk
- **Jan 2012** Round **Amount undisclosed** *1 new* [Scottish Equity Partners](https://millionrounds.com/fund/scottish-equity-partners) From a historical funding record

## Funding filed with regulators

Smarter Grid Solutions filed one raise, $14M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Oct 2021 **$14M** UK share allotment

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2012 **Round** 2013 **Round** 2021 [Scottish Equity Partners](https://millionrounds.com/fund/scottish-equity-partners) [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [University of Strathclyde](https://millionrounds.com/fund/university-of-strathclyde)

## Everyone who backed them

[Scottish Equity Partners](https://millionrounds.com/fund/scottish-equity-partners) Private equity **2** rounds

[Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Government **1** round

[University of Strathclyde](https://millionrounds.com/fund/university-of-strathclyde) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=smarter-grid-solutions).

## Quick answers about Smarter Grid Solutions

### Who invested in Smarter Grid Solutions?

Smarter Grid Solutions's investors include Scottish Equity Partners, Scottish Enterprise and University of Strathclyde.

### How much has Smarter Grid Solutions raised?

Smarter Grid Solutions has raised $19M across 3 rounds since 2012. One round did not disclose an amount, so the total is a floor.

### When did Smarter Grid Solutions last raise?

Smarter Grid Solutions's most recent round, $14M, was in Oct 2021.

### What was Smarter Grid Solutions's biggest round?

Its most recent round, $14M in Oct 2021, is also its largest on record.

### Who backed Smarter Grid Solutions first?

Smarter Grid Solutions's first round on record, in Jan 2012, was backed by Scottish Equity Partners.

### What stage is Smarter Grid Solutions at?

Smarter Grid Solutions's latest named round is an Undisclosed round, in Jan 2013.

### Where is Smarter Grid Solutions based?

Smarter Grid Solutions is based in the United Kingdom.

## Companies like Smarter Grid Solutions

In the same sector, and raised in the last eighteen months.

[**Nuada** $19M · Oct 2026](https://millionrounds.com/company/nuada)[**Go Eve** $6.1M · Oct 2026](https://millionrounds.com/company/go-eve)[**Dragonfly Advanced Materials** $2.0M · Sept 2026](https://millionrounds.com/company/dragonfly-advanced-materials)[**Metris Energy** $7.5M · Sept 2026](https://millionrounds.com/company/metris-energy)[**Myriad Wind Energy Systems** $1.8M · Sept 2026](https://millionrounds.com/company/myriad-wind-energy-systems)[**Rightcharge** $1.4M · Sept 2026](https://millionrounds.com/company/rightcharge)

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