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Smart grid startups 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.

$843Mraised by these 35
35on our record in all
United Statesmost common home
Primus Powerraised the most
  1. 1Primus PowerPrimus Power manufactures big batteries for the Smart Grid and scalable energy storage in a Zinc Bromine flow battery.

    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 2017
  2. 2Indra Renewable TechnologiesIndra Renewable Technologies is a UK-based manufacturer specializing in smart electric vehicle (EV) charging and energy management solutions.

    Indra 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 2023
  3. 3Current Communications GroupCurrent Communications provides a smart grid solution that increases the efficiency of electric grids with a reduced environmental impact.

    Current Communications provides a smart grid solution that increases the efficiency of electric grids with a reduced environmental impact.

    Founded 2000United States$113Mlast round Sept 2011
  4. 4SMART WIRESSmart Wires is a grid solutions company that offers monitoring and power flow control in meshed networks.

    Smart Wires is a grid solutions company that offers monitoring and power flow control in meshed networks.

    Founded 2010Durham, United States$104Mlast round Jan 2025
  5. 5BPL GlobalBPL Global is a smart grid technology company that provides software solutions and services to electric utilities.

    BPL Global is a smart grid technology company that provides software solutions and services to electric utilities.

    Founded 2004Canonsburg, United States$81Mlast round Dec 2012
  6. 6VarentecVarentec is a provider of power electronics-based Smart Grid control solutions for municipal, cooperatives and investor-owned utilities.

    Varentec 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 2019
  7. 7CorinexCorinex is a clean technology company based in Vancouver, Canada, specializing in broadband over power lines (BPL) solutions for grid modernization.

    Corinex 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 2025
  8. 8Tantalus SystemsTantalus Systems provides smart grid solutions for advanced metering, demand response, and conservation for electric and water utilities.

    Tantalus Systems provides smart grid solutions for advanced metering, demand response, and conservation for electric and water utilities.

    Founded 1989Raleigh, United States$28Mlast round Feb 2017
  9. 9Heimdall PowerHeimdall Power is a technology company based in Oslo, Norway, founded in 2016.

    Heimdall Power is a technology company based in Oslo, Norway, founded in 2016.

    Founded 2016Oslo, Norway$25Mlast round Jul 2024
  10. 10KimbalKimbal Private Limited, founded in 2011 and headquartered in New Delhi, India, is an energy engineering and smart-grid technology company.

    Kimbal 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 2026
  11. 11EnerzolveEnerzolve is a Bengaluru-based deep-tech and energy infrastructure company founded in 2025.

    Enerzolve is a Bengaluru-based deep-tech and energy infrastructure company founded in 2025.

    Founded -Bogota, India$20Mlast round Nov 2026
  12. 12Power Plus CommunicationsPower Plus Communications (PPC) is a Mannheim, Germany-based company founded in 2001.

    Power Plus Communications (PPC) is a Mannheim, Germany-based company founded in 2001.

    Founded 2001Mannheim, Germany$15Mlast round Jul 2014
  13. 13VIOTASVIOTAS is an electric utility company that provides electric power and smart grid technology for commercial or industrial facilities.

    VIOTAS is an electric utility company that provides electric power and smart grid technology for commercial or industrial facilities.

    Founded 2013Limerick, Ireland$11Mlast round May 2025
  14. 14KwettaKwetta is a New Zealand-based company specializing in EV charging technology, founded in 2021 and headquartered in Napier.

    Kwetta 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 2025
  15. 15QCoefficientQCoefficient is the first and only smart grid engine to integrate HVAC operations in commercial buildings with electric grid operations and markets to lower bui

    QCoefficient 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 2011
  16. 16envelioenvelio is a cloud based smart grid platform.

    envelio is a cloud based smart grid platform.

    Founded 2017Germany$6.6Mlast round Dec 2019
  17. 17LIFEPOWRLIFEPOWR is an energy technology scale-up based in Antwerp, Belgium, founded in 2015.

    LIFEPOWR is an energy technology scale-up based in Antwerp, Belgium, founded in 2015.

    Founded 2015Antwerp, Belgium$6.6Mlast round Nov 2025
  18. 18SoneterSoneter is extending the smart grid to water and gas.

    Soneter is extending the smart grid to water and gas.

    Founded 2009Atlanta, United States$6.0Mlast round Sept 2014
  19. 19TewkeTewke is a London-based climate technology and home automation company dedicated to enhancing domestic energy efficiency and simplifying smart-home control.

    Tewke 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 2026
  20. 20Mobee Communications LtdMobee Communications Ltd, (Mobee) is a research and development firm dedicated to the creation of practical, advanced technology innovations in mobile smart dev

    Mobee 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 2010
  21. 21Grid4CSmart Grid Descriptive Analytics and Grid4C's Smart Grid Predictive Analytics

    Smart Grid Descriptive Analytics and Grid4C's Smart Grid Predictive Analytics

    Founded 2013United States$5.0Mlast round Nov 2018
  22. 22SparkMeterSparkMeter is a technology company founded in 2013 and based in Washington, D.C., with significant operations in Nairobi, Kenya.

    SparkMeter 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 2023
  23. 23Hive PowerHive Power is a Swiss cleantech and software company founded in 2017 and based in Manno, Ticino.

    Hive Power is a Swiss cleantech and software company founded in 2017 and based in Manno, Ticino.

    Founded 2017Manno, Switzerland$3.7Mlast round Dec 2024
  24. 24Logical BuildingsLogical Buildings is a smart building and grid-edge energy management software company

    Logical Buildings is a smart building and grid-edge energy management software company

    Founded 2012Livingston, United States$3.5Mlast round Feb 2019
  25. 25PingThingsPingThings, Inc.

    PingThings, Inc.

    Founded 2017Anaheim, United States$3.5Mlast round Jan 2023
  26. 26Green Energy CorpGreen Energy Corp is a technology company that specializes in software solutions and engineering services for communications, utilities, and energy sectors.

    Green 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 2015
  27. 27NEXGRIDNEXGRID offers products that provide utilities and consumers the ability to manage and monitor a smart grid or smart home network.

    NEXGRID 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 2013
  28. 28D LaboratorydLaboratory AB is a Swedish company that offers a unique concept of smart power grids.

    dLaboratory AB is a Swedish company that offers a unique concept of smart power grids.

    Founded 2010Lund, Sweden$2.0Mlast round Feb 2020
  29. 29EnergiotEnergiot is a Barcelona-based technology startup founded in 2017 as a spin-off from the Spanish National Research Council.

    Energiot 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 2026
  30. 30Clear Blue TechnologiesClear Blue Technologies, the Smart Off-Grid company, combines green energy with the proven advantages of communications.

    Clear Blue Technologies, the Smart Off-Grid company, combines green energy with the proven advantages of communications.

    Founded 2011Toronto, Canada$1.4Mlast round Nov 2025
  31. 31GridGear SolutionsGridGear Solutions is manufactures energy management hardware and software for the power grid, specializing in electrical smart meters.

    GridGear Solutions is manufactures energy management hardware and software for the power grid, specializing in electrical smart meters.

    Founded -Coquitlam, Canada$382Klast round Mar 2024
  32. 32GridNex AIAI-Powered Smart Grid Solutions & Energy Optimization Platforms | Powering a Sustainable Future.

    AI-Powered Smart Grid Solutions & Energy Optimization Platforms | Powering a Sustainable Future.

    Founded -Los Angeles, United States$190Klast round Jul 2025
  33. 33Energy Surety PartnersEnergy Surety Partners (ESP) develops renewable energy projects with integrated energy storage, turnkey smart grid solutions and innovative financial programs t

    Energy 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 2015
  34. 34ZigswitchZigswitch is a developer and manufacturer of wireless sensor networking products and technology for energy efficiency and smart grid applications.

    Zigswitch 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 2010
  35. 35TespackTespack is a pioneering company specialised in creating smart mobile micro-grids for challenging markets.

    Tespack is a pioneering company specialised in creating smart mobile micro-grids for challenging markets.

    Founded 2015Helsinki, Finland$16Klast round May 2024
Total fundinghow the list is ranked
15 November 2026updated nightly
Rounds we tracksource: Millionrounds

Companies 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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