Last deal

$17.5M

Amount

Venture - Series Unknown

Stage

03.11.2021

Date

1

all rounds

$17.5M

Total amount

General

About Company
EGM has developed a monitoring system for electrical grids.

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Also Known As

EGM, EGM Network

founded date

01.01.2007

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

EGM's Meta-Alert system provides real-time data and predictive analysis to help utilities manage their grids effectively. It detects various events and provides detailed information on current flow and phases. The system has been tested in Israel and China, and is chosen by leading power utilities in Europe and the US. EGM's technology converts static grids into a digitized, dynamic network, addressing issues such as renewable energy integration and proactive maintenance. The company's team consists of experienced professionals in management, entrepreneurship, and technology. EGM's Meta-Alert is a disruptive solution for operating electrical grids, enabling effective and safe grid operation.
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