Top list · Worldwide
35 smart grid startups worldwide have raised money in rounds we track. These are the 35 that have raised the most, $843M between them, with the United States the most common home.
Primus Power manufactures big batteries for the Smart Grid and scalable energy storage in a Zinc Bromine flow battery.
Founded 2009Hayward, United States$139Mlast round Mar 2017Indra Renewable Technologies is a UK-based manufacturer specializing in smart electric vehicle (EV) charging and energy management solutions.
Founded 2013Great Malvern, United Kingdom$120Mlast round Jul 2023Current Communications provides a smart grid solution that increases the efficiency of electric grids with a reduced environmental impact.
Founded 2000United States$113Mlast round Sept 2011Smart Wires is a grid solutions company that offers monitoring and power flow control in meshed networks.
Founded 2010Durham, United States$104Mlast round Jan 2025BPL Global is a smart grid technology company that provides software solutions and services to electric utilities.
Founded 2004Canonsburg, United States$81Mlast round Dec 2012Varentec is a provider of power electronics-based Smart Grid control solutions for municipal, cooperatives and investor-owned utilities.
Founded 2009Santa Clara, United States$55Mlast round Nov 2019Corinex is a clean technology company based in Vancouver, Canada, specializing in broadband over power lines (BPL) solutions for grid modernization.
Founded 1999Vancouver, Canada$30Mlast round Apr 2025Tantalus Systems provides smart grid solutions for advanced metering, demand response, and conservation for electric and water utilities.
Founded 1989Raleigh, United States$28Mlast round Feb 2017Heimdall Power is a technology company based in Oslo, Norway, founded in 2016.
Founded 2016Oslo, Norway$25Mlast round Jul 2024Kimbal Private Limited, founded in 2011 and headquartered in New Delhi, India, is an energy engineering and smart-grid technology company.
Founded 2011New Delhi, India$22Mlast round May 2026Enerzolve is a Bengaluru-based deep-tech and energy infrastructure company founded in 2025.
Founded -Bogota, India$20Mlast round Nov 2026Power Plus Communications (PPC) is a Mannheim, Germany-based company founded in 2001.
Founded 2001Mannheim, Germany$15Mlast round Jul 2014VIOTAS is an electric utility company that provides electric power and smart grid technology for commercial or industrial facilities.
Founded 2013Limerick, Ireland$11Mlast round May 2025Kwetta is a New Zealand-based company specializing in EV charging technology, founded in 2021 and headquartered in Napier.
Founded 2021Napier, New Zealand$11Mlast round Jan 2025QCoefficient is the first and only smart grid engine to integrate HVAC operations in commercial buildings with electric grid operations and markets to lower bui
Founded 2012Chicago, United States$8.0Mlast round Jul 2011envelio is a cloud based smart grid platform.
Founded 2017Germany$6.6Mlast round Dec 2019LIFEPOWR is an energy technology scale-up based in Antwerp, Belgium, founded in 2015.
Founded 2015Antwerp, Belgium$6.6Mlast round Nov 2025Soneter is extending the smart grid to water and gas.
Founded 2009Atlanta, United States$6.0Mlast round Sept 2014Tewke is a London-based climate technology and home automation company dedicated to enhancing domestic energy efficiency and simplifying smart-home control.
Founded 2019London, United Kingdom$5.6Mlast round Apr 2026Mobee Communications Ltd, (Mobee) is a research and development firm dedicated to the creation of practical, advanced technology innovations in mobile smart dev
Founded 2009Sitia, Greece$5.5Mlast round Jun 2010Smart Grid Descriptive Analytics and Grid4C's Smart Grid Predictive Analytics
Founded 2013United States$5.0Mlast round Nov 2018SparkMeter is a technology company founded in 2013 and based in Washington, D.C., with significant operations in Nairobi, Kenya.
Founded 2013Washington, United States$5.0Mlast round Nov 2023Hive Power is a Swiss cleantech and software company founded in 2017 and based in Manno, Ticino.
Founded 2017Manno, Switzerland$3.7Mlast round Dec 2024Logical Buildings is a smart building and grid-edge energy management software company
Founded 2012Livingston, United States$3.5Mlast round Feb 2019PingThings, Inc.
Founded 2017Anaheim, United States$3.5Mlast round Jan 2023Green Energy Corp is a technology company that specializes in software solutions and engineering services for communications, utilities, and energy sectors.
Founded 2009Eugene, United States$3.1Mlast round May 2015NEXGRID offers products that provide utilities and consumers the ability to manage and monitor a smart grid or smart home network.
Founded 2008Fredericksburg, United States$2.3Mlast round Nov 2013dLaboratory AB is a Swedish company that offers a unique concept of smart power grids.
Founded 2010Lund, Sweden$2.0Mlast round Feb 2020Energiot is a Barcelona-based technology startup founded in 2017 as a spin-off from the Spanish National Research Council.
Founded 2017Cerdanyola del Valles, Spain$1.7Mlast round Jun 2026Clear Blue Technologies, the Smart Off-Grid company, combines green energy with the proven advantages of communications.
Founded 2011Toronto, Canada$1.4Mlast round Nov 2025GridGear Solutions is manufactures energy management hardware and software for the power grid, specializing in electrical smart meters.
Founded -Coquitlam, Canada$382Klast round Mar 2024AI-Powered Smart Grid Solutions & Energy Optimization Platforms | Powering a Sustainable Future.
Founded -Los Angeles, United States$190Klast round Jul 2025Energy Surety Partners (ESP) develops renewable energy projects with integrated energy storage, turnkey smart grid solutions and innovative financial programs t
Founded 2013Phoenix, United States$100Klast round Feb 2015Zigswitch is a developer and manufacturer of wireless sensor networking products and technology for energy efficiency and smart grid applications.
Founded 2009Cambridge, United States$50Klast round Dec 2010Tespack is a pioneering company specialised in creating smart mobile micro-grids for challenging markets.
Founded 2015Helsinki, Finland$16Klast round May 2024Companies whose own description names this theme, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.
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RPHealth startups worldwide12,811 companies · $81B
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FTBig data startups worldwide3,812 companies · $220BAF
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SFintech startups worldwide3,200 companies · $94B
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BAI startups that raised in 20262,922 companies · $540B in 2026
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PEnergy providers startups worldwide2,808 companies · $152B
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