Gridwiz

Power & UtilitiesSeries CGyeonggi-do, South Koreagridwiz.com

Latest round

Series C

Last raised

Dec 2020

Total raised

$59M

Investors

9

About Gridwiz

Based in Seongnam, South Korea, and founded in 2013, GridWiz Inc. is an energy demand management company that serves as distributed energy resources (DER) platform by which power is supplied to businesses in need. The company operates renewable energy infrastructure such as a storage system (ESS) used for energy storage and a combined charging system (CCS) for electric cars. The company's revenue is generated by re-distributing the excess energy stored by their clients. The company has a strong market position in Korea, accounting for 90 percent market share, and it aims to strengthen its position in global markets which only accounts for 30 percent.

Who invested in Gridwiz

9 investors across 3 rounds

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Funding rounds

  1. Series C

    Dec 21, 2020

    Amount

    $43M

    Investors

    Locked

  2. Series B

    Jul 1, 2017

    Amount

    $13M

    Investors

    Locked

  3. Series A

    Jul 14, 2016

    Amount

    $2.6M

    Investors

    Locked

Questions about Gridwiz

Who invested in Gridwiz?

Gridwiz has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Gridwiz raised?

Gridwiz has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Gridwiz last raise money?

Gridwiz's most recent round on record is a Series C, in Dec 2020.

What does Gridwiz do?

Based in Seongnam, South Korea, and founded in 2013, GridWiz Inc.

Where is Gridwiz headquartered?

Gridwiz is headquartered in Gyeonggi-do, South Korea.

Which VCs invest in companies like Gridwiz?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back power & utilities companies at Gridwiz's stage. Their profiles are linked below.

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