GridDuck
Company

Last deal

$380.8K
Local Amount - GBP 500K

Amount

Series A

Stage

30.11.2023

Date

5

all rounds

$1M

Total amount

General

About Company
GridDuck provides an IoT energy management system for reducing waste energy consumption.

Industry

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Subsector :

founded date

01.12.2015

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The company's gateway uses Zigbee wireless network to connect to plugs and relays, monitoring consumption data and executing rule-sets. It connects to the cloud via ethernet, wireless or cellular network. GridDuck's wireless plugs, relays and switches monitor real-time consumption patterns and grid conditions, responding to commands from the gateway, allowing clients to reduce electricity consumption and expenses.
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