# Grid Edgewrks Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/grid-edgewrks-pvt

- Industry: Software
- Headquarters: Hyderabad, India
- Website: www.edgegrid.com
- Total disclosed funding: $5.3M
- Latest round: Seed (Mar 19, 2022)
- Investors on record: 2

## About

Based in Hyderabad, New York, and founded in 2020 by Sunil Talla (CEO) and Prasad Yerneni alongwith co-founders Mushtaq Ahmed, Neeraj Sansanwal, and Vamsi TP, Grid Edgewrks Pvt. Ltd., aka Edgegrid is a clean-energy delivery network platform that is digitally interlinked. In March 2022, Grid Edgewrks Pvt. Ltd. raised USD 6 million in seed funding led by new investor Lightrock, with participation from another new investor Theia Ventures.  

Edgegrid provides a grid technology platform for controlling the energy distribution and lowering the utility costs by optimizing the network. The end-users of the platform include households, small businesses, commercial building owners, and electric vehicle charging networks.

The firm plans to use the funds raised in 2022 for strengthening EdgeGird's technical infrastructure, workforce, and future expansion.

## Funding rounds

- Seed, Mar 19, 2022, $5.3M — Lightrock, Theia Ventures

## Investors

- Lightrock (https://capitalatlas.ai/funds/lightrock) — Seed
- Theia Ventures (https://capitalatlas.ai/funds/theia-ventures) — Seed