Last deal

$3.1M
Local Amount - GBP 2M

Amount

Debt Financing

Stage

26.08.2015

Date

6

all rounds

$8M

Total amount

General

About Company
Smarter Grid Solutions is an enterprise energy software company.

Industry

Sector :

Subsector :

Keywords :

Also Known As

SGS

founded date

01.01.2008

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

They provide unique end-to-end Distributed Energy Resource Management Systems (DERMS) that enable the connection, monitoring, and control of over 521 MW of Distributed Energy Resources (DER). Their products, Strata Grid, Strata Resilience, and Cirrus Flex, help distribution utilities, energy service companies, and microgrid operators manage grid capacity, integrate energy assets, and enhance grid resilience. As a Mitsubishi Electric company, they collaborate with Mitsubishi Electric Power Products, Inc. (MEPPI) to offer combined distributed energy resources management software and grid control products. Smarter Grid Solutions is a leading smart grid technology company in the UK, with offices in Glasgow, London, and New York. They work with large power companies and utilities globally, implementing smart grid projects for both rural and urban electricity grids. Their pioneering Active Network Management approach uses software, automation, and control to manage grid-connected DER in real-time. With flagship products ANM Strata and ANM Element, they have enabled the connection and control of over 300 MW of DER, delivering significant value to customers.
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