SMPnet
Latest round
- Seed
Last raised
- Dec 2022
Total raised
- $1.5M
Investors
- 1
About SMPnet
Based in London, UK, and founded in 2017, Smart Power Networks Ltd, doing business as SMPnet, operates as a software company that offers smart solutions, including AI-based energy insights for the energy sector. The company was founded by its CEO, Anastasios Rousis, and CTO, Dimitrios Tzelepis. As of 2023, the company had offices in Glasgow, London, and Athens. SMPnet provides Omega, which is a software platform that monitors and analyzes energy assets via edge computing and AI-based technologies for DER vendors and energy service companies to reduce operational costs and improve grid reliability. The platform offers multiple features and solutions, such as the optimization of substations and DER sites; feedback-based optimization tools for optimizing energy grids; integrations with cloud environments, and edge computing devices; data analytics; and many more. Its client base includes Iberdrola, Liverpool City Council, Oxfordshire County Council, Urban Future Lab, and Greentown Labs.
Who invested in SMPnet
1 investor across 1 round
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Funding rounds
Seed
Dec 16, 2022
Amount
$1.5M
Investors
Questions about SMPnet
Who invested in SMPnet?
SMPnet has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SMPnet raised?
SMPnet has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did SMPnet last raise money?
SMPnet's most recent round on record is a Seed, in Dec 2022.
What does SMPnet do?
Based in London, UK, and founded in 2017, Smart Power Networks Ltd, doing business as SMPnet, operates as a software company that offers smart solutions, including AI-based energy insights for the energy sector.
Where is SMPnet headquartered?
SMPnet is headquartered in London, UK.
Which VCs invest in companies like SMPnet?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at SMPnet's stage. Their profiles are linked below.
VCs backing software startups at Seed
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