# Top 35 Smart Grid Startups Worldwide by Funding (2026)

> The 35 best-funded smart grid startups worldwide, ranked by total funding raised: $843M combined. With founding year, headquarters and each company's rounds.

Source: https://millionrounds.com/top-lists/smart-grid-startups (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Primus Power** Primus Power manufactures big batteries for the Smart Grid and scalable energy storage in a Zinc Bromine flow battery.](https://millionrounds.com/company/primus-power) Primus Power manufactures big batteries for the Smart Grid and scalable energy storage in a Zinc Bromine flow battery. *Founded* 2009 Hayward, United States **$139M** last round Mar 2017
- 2 [**Indra Renewable Technologies** Indra Renewable Technologies is a UK-based manufacturer specializing in smart electric vehicle (EV) charging and energy management solutions.](https://millionrounds.com/company/indra-renewable-technologies) Indra Renewable Technologies is a UK-based manufacturer specializing in smart electric vehicle (EV) charging and energy management solutions. *Founded* 2013 Great Malvern, United Kingdom **$120M** last round Jul 2023
- 3 [**Current Communications Group** Current Communications provides a smart grid solution that increases the efficiency of electric grids with a reduced environmental impact.](https://millionrounds.com/company/current-communications-group) Current Communications provides a smart grid solution that increases the efficiency of electric grids with a reduced environmental impact. *Founded* 2000 United States **$113M** last round Sept 2011
- 4 [**SMART WIRES** Smart Wires is a grid solutions company that offers monitoring and power flow control in meshed networks.](https://millionrounds.com/company/smart-wires) Smart Wires is a grid solutions company that offers monitoring and power flow control in meshed networks. *Founded* 2010 Durham, United States **$104M** last round Jan 2025
- 5 [**BPL Global** BPL Global is a smart grid technology company that provides software solutions and services to electric utilities.](https://millionrounds.com/company/bpl-global) BPL Global is a smart grid technology company that provides software solutions and services to electric utilities. *Founded* 2004 Canonsburg, United States **$81M** last round Dec 2012
- 6 [**Varentec** Varentec is a provider of power electronics-based Smart Grid control solutions for municipal, cooperatives and investor-owned utilities.](https://millionrounds.com/company/varentec) Varentec is a provider of power electronics-based Smart Grid control solutions for municipal, cooperatives and investor-owned utilities. *Founded* 2009 Santa Clara, United States **$55M** last round Nov 2019
- 7 [**Corinex** Corinex is a clean technology company based in Vancouver, Canada, specializing in broadband over power lines (BPL) solutions for grid modernization.](https://millionrounds.com/company/corinex) Corinex is a clean technology company based in Vancouver, Canada, specializing in broadband over power lines (BPL) solutions for grid modernization. *Founded* 1999 Vancouver, Canada **$30M** last round Apr 2025
- 8 [**Tantalus Systems** Tantalus Systems provides smart grid solutions for advanced metering, demand response, and conservation for electric and water utilities.](https://millionrounds.com/company/tantalus-systems) Tantalus Systems provides smart grid solutions for advanced metering, demand response, and conservation for electric and water utilities. *Founded* 1989 Raleigh, United States **$28M** last round Feb 2017
- 9 [**Heimdall Power** Heimdall Power is a technology company based in Oslo, Norway, founded in 2016.](https://millionrounds.com/company/heimdall-power) Heimdall Power is a technology company based in Oslo, Norway, founded in 2016. *Founded* 2016 Oslo, Norway **$25M** last round Jul 2024
- 10 [**Kimbal** Kimbal Private Limited, founded in 2011 and headquartered in New Delhi, India, is an energy engineering and smart-grid technology company.](https://millionrounds.com/company/kimbal) Kimbal Private Limited, founded in 2011 and headquartered in New Delhi, India, is an energy engineering and smart-grid technology company. *Founded* 2011 New Delhi, India **$22M** last round May 2026
- 11 [**Enerzolve** Enerzolve is a Bengaluru-based deep-tech and energy infrastructure company founded in 2025.](https://millionrounds.com/company/enerzolve) Enerzolve is a Bengaluru-based deep-tech and energy infrastructure company founded in 2025. *Founded* - Bogota, India **$20M** last round Nov 2026
- 12 [**Power Plus Communications** Power Plus Communications (PPC) is a Mannheim, Germany-based company founded in 2001.](https://millionrounds.com/company/power-plus-communications) Power Plus Communications (PPC) is a Mannheim, Germany-based company founded in 2001. *Founded* 2001 Mannheim, Germany **$15M** last round Jul 2014
- 13 [**VIOTAS** VIOTAS is an electric utility company that provides electric power and smart grid technology for commercial or industrial facilities.](https://millionrounds.com/company/viotas) VIOTAS is an electric utility company that provides electric power and smart grid technology for commercial or industrial facilities. *Founded* 2013 Limerick, Ireland **$11M** last round May 2025
- 14 [**Kwetta** Kwetta is a New Zealand-based company specializing in EV charging technology, founded in 2021 and headquartered in Napier.](https://millionrounds.com/company/kwetta) Kwetta is a New Zealand-based company specializing in EV charging technology, founded in 2021 and headquartered in Napier. *Founded* 2021 Napier, New Zealand **$11M** last round Jan 2025
- 15 [**QCoefficient** 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](https://millionrounds.com/company/qcoefficient) 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* 2012 Chicago, United States **$8.0M** last round Jul 2011
- 16 [**envelio** envelio is a cloud based smart grid platform.](https://millionrounds.com/company/envelio) envelio is a cloud based smart grid platform. *Founded* 2017 Germany **$6.6M** last round Dec 2019
- 17 [**LIFEPOWR** LIFEPOWR is an energy technology scale-up based in Antwerp, Belgium, founded in 2015.](https://millionrounds.com/company/lifepowr) LIFEPOWR is an energy technology scale-up based in Antwerp, Belgium, founded in 2015. *Founded* 2015 Antwerp, Belgium **$6.6M** last round Nov 2025
- 18 [**Soneter** Soneter is extending the smart grid to water and gas.](https://millionrounds.com/company/soneter) Soneter is extending the smart grid to water and gas. *Founded* 2009 Atlanta, United States **$6.0M** last round Sept 2014
- 19 [**Tewke** Tewke is a London-based climate technology and home automation company dedicated to enhancing domestic energy efficiency and simplifying smart-home control.](https://millionrounds.com/company/tewke) Tewke is a London-based climate technology and home automation company dedicated to enhancing domestic energy efficiency and simplifying smart-home control. *Founded* 2019 London, United Kingdom **$5.6M** last round Apr 2026
- 20 [**Mobee Communications Ltd** Mobee Communications Ltd, (Mobee) is a research and development firm dedicated to the creation of practical, advanced technology innovations in mobile smart dev](https://millionrounds.com/company/mobee-communications-ltd) Mobee Communications Ltd, (Mobee) is a research and development firm dedicated to the creation of practical, advanced technology innovations in mobile smart dev *Founded* 2009 Sitia, Greece **$5.5M** last round Jun 2010
- 21 [**Grid4C** Smart Grid Descriptive Analytics and Grid4C's Smart Grid Predictive Analytics](https://millionrounds.com/company/grid4c) Smart Grid Descriptive Analytics and Grid4C's Smart Grid Predictive Analytics *Founded* 2013 United States **$5.0M** last round Nov 2018
- 22 [**SparkMeter** SparkMeter is a technology company founded in 2013 and based in Washington, D.C., with significant operations in Nairobi, Kenya.](https://millionrounds.com/company/sparkmeter) SparkMeter is a technology company founded in 2013 and based in Washington, D.C., with significant operations in Nairobi, Kenya. *Founded* 2013 Washington, United States **$5.0M** last round Nov 2023
- 23 [**Hive Power** Hive Power is a Swiss cleantech and software company founded in 2017 and based in Manno, Ticino.](https://millionrounds.com/company/hive-power) Hive Power is a Swiss cleantech and software company founded in 2017 and based in Manno, Ticino. *Founded* 2017 Manno, Switzerland **$3.7M** last round Dec 2024
- 24 [**Logical Buildings** Logical Buildings is a smart building and grid-edge energy management software company](https://millionrounds.com/company/logical-buildings) Logical Buildings is a smart building and grid-edge energy management software company *Founded* 2012 Livingston, United States **$3.5M** last round Feb 2019
- 25 [**PingThings** PingThings, Inc.](https://millionrounds.com/company/pingthings) PingThings, Inc. *Founded* 2017 Anaheim, United States **$3.5M** last round Jan 2023
- 26 [**Green Energy Corp** Green Energy Corp is a technology company that specializes in software solutions and engineering services for communications, utilities, and energy sectors.](https://millionrounds.com/company/green-energy-corp) Green Energy Corp is a technology company that specializes in software solutions and engineering services for communications, utilities, and energy sectors. *Founded* 2009 Eugene, United States **$3.1M** last round May 2015
- 27 [**NEXGRID** NEXGRID offers products that provide utilities and consumers the ability to manage and monitor a smart grid or smart home network.](https://millionrounds.com/company/nexgrid) NEXGRID offers products that provide utilities and consumers the ability to manage and monitor a smart grid or smart home network. *Founded* 2008 Fredericksburg, United States **$2.3M** last round Nov 2013
- 28 [**D Laboratory** dLaboratory AB is a Swedish company that offers a unique concept of smart power grids.](https://millionrounds.com/company/d-laboratory) dLaboratory AB is a Swedish company that offers a unique concept of smart power grids. *Founded* 2010 Lund, Sweden **$2.0M** last round Feb 2020
- 29 [**Energiot** Energiot is a Barcelona-based technology startup founded in 2017 as a spin-off from the Spanish National Research Council.](https://millionrounds.com/company/energiot) Energiot is a Barcelona-based technology startup founded in 2017 as a spin-off from the Spanish National Research Council. *Founded* 2017 Cerdanyola del Valles, Spain **$1.7M** last round Jun 2026
- 30 [**Clear Blue Technologies** Clear Blue Technologies, the Smart Off-Grid company, combines green energy with the proven advantages of communications.](https://millionrounds.com/company/clear-blue-technologies) Clear Blue Technologies, the Smart Off-Grid company, combines green energy with the proven advantages of communications. *Founded* 2011 Toronto, Canada **$1.4M** last round Nov 2025
- 31 [**GridGear Solutions** GridGear Solutions is manufactures energy management hardware and software for the power grid, specializing in electrical smart meters.](https://millionrounds.com/company/gridgear-solutions) GridGear Solutions is manufactures energy management hardware and software for the power grid, specializing in electrical smart meters. *Founded* - Coquitlam, Canada **$382K** last round Mar 2024
- 32 [**GridNex AI** AI-Powered Smart Grid Solutions & Energy Optimization Platforms | Powering a Sustainable Future.](https://millionrounds.com/company/gridnex-ai) AI-Powered Smart Grid Solutions & Energy Optimization Platforms | Powering a Sustainable Future. *Founded* - Los Angeles, United States **$190K** last round Jul 2025
- 33 [**Energy Surety Partners** Energy Surety Partners (ESP) develops renewable energy projects with integrated energy storage, turnkey smart grid solutions and innovative financial programs t](https://millionrounds.com/company/energy-surety-partners) Energy Surety Partners (ESP) develops renewable energy projects with integrated energy storage, turnkey smart grid solutions and innovative financial programs t *Founded* 2013 Phoenix, United States **$100K** last round Feb 2015
- 34 [**Zigswitch** Zigswitch is a developer and manufacturer of wireless sensor networking products and technology for energy efficiency and smart grid applications.](https://millionrounds.com/company/zigswitch) Zigswitch is a developer and manufacturer of wireless sensor networking products and technology for energy efficiency and smart grid applications. *Founded* 2009 Cambridge, United States **$50K** last round Dec 2010
- 35 [**Tespack** Tespack is a pioneering company specialised in creating smart mobile micro-grids for challenging markets.](https://millionrounds.com/company/tespack) Tespack is a pioneering company specialised in creating smart mobile micro-grids for challenging markets. *Founded* 2015 Helsinki, Finland **$16K** last round May 2024

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: 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.

## Who backed them?

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## More lists worldwide

[See all](https://millionrounds.com/top-lists?r=Global)

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