eSmart Systems, founded in 2012 and headquartered in Norway, is a pioneering force in transforming utility infrastructure maintenance. Their flagship solution, Grid Vision®, is leading the charge in the digitalization of overhead line and substation inspections. With its data-driven, condition-based methodology, Grid Vision® empowers transmission and distribution operators to enhance inspection processes.
Employing collaborative AI, Grid Vision® combines deep learning, advanced software tools, and human expertise for precise and efficient inspections. The service connects visual insights to real assets, detects defects, and provides actionable analytics that increase safety, reduce costs, and extend the lifespan of critical infrastructure.
As of the latest Venture Round investment on 28 October 2024, eSmart Systems secured €30.00M from a notable consortium of investors: Energy Impact Partners, Future Energy Ventures, Tilt Capital Partners, Quanta Services, Nysnø, Kongsberg, Equinor Ventures, and Arosa Capital Management, underscoring strong market confidence in their innovative approach.