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Data Center News > Blog > Investments > Gridware Raises $26.4M in Series A Funding
Investments

Gridware Raises $26.4M in Series A Funding

Last updated: January 9, 2025 9:10 am
Published January 9, 2025
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Gridware, a San Francisco, CA-based steady energy grid monitoring answer supplier, raised $26.4M in Sequence A funding.

The spherical was led by Sequoia Capital.

The corporate intends to make use of the funds to additional scale manufacturing of Gridscope™ units and its monitoring and analytics service.

Led by CEO Tim Barat, Gridware offers applied sciences that allow a complete service for energy utilities to measure, perceive, and take decisive motion to guard the grid. By leveraging a community of superior Gridscope sensors and on-device evaluation, Gridware repeatedly displays key grid belongings, offering real-time insights into grid well being. The platform ensures uninterrupted monitoring even when energy traces are de-energized, because of its unbiased energy provide.

Following an preliminary pilot with California-based PG&E final 12 months, the pioneering utility has since expanded to a large-scale deployment masking greater than 1,000 miles of energy traces and 10,000 poles. In the present day, Gridware is trusted by utilities throughout North America, which serves hundreds of thousands of consumers throughout ten U.S. states and counting.

FinSMEs

09/01/2025

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See also  Karma3 Labs Raises a $4.5M Seed Round Led By Galaxy and IDEO CoLab to Build OpenRank, a Decentralized Reputation Protocol
TAGGED: 26.4M, Funding, Gridware, Raises, Series
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