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Smart Wires Inc. logo — We are the world’s leading grid enhancing technology and ser...

Smart Wires Inc.

We are the world’s leading grid enhancing technology and services provider.

Founded 2010 United States Durham, United States 103 employees Post-IPO Equity Total: $183.36M Energy, Manufacturing

General Information

Company Name Smart Wires Inc.
Founded Year 2010
Location United States Durham, United States
Employees 103
Industries Energy, Manufacturing
Funding Stage Post-IPO Equity
Social

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About Smart Wires Inc.

Smart Wires Inc. is a cutting-edge grid enhancing technology and services provider, with a slogan highlighting their position as the world's leading company in their field. Founded in 2010, Smart Wires is headquartered in Research Triangle Park, North Carolina, with additional offices in Ireland, Colombia, and Australia. The company boasts a global workforce and is committed to solving grid bottlenecks, creating extra capacity, and advising on policies critical to establishing the digital grid. Their efforts are geared towards achieving energy certainty on a global scale and transforming the grid into a digital, secure, and accessible platform capable of delivering net zero, new business models, jobs, and prosperity. In their most recent funding round, Smart Wires secured a $5.00M Post-IPO Equity investment on 16 November 2022 from 3x5 Partners, showcasing the confidence that notable investors have in the company's vision and potential. With a focus on the manufacturing industry, Smart Wires' innovative solutions and global presence position them as a key player in shaping the future of energy distribution and sustainability.

Business keywords: Grid enhancing technology, Transmission reliability, Congestion management, Power flow control solutions, Distributed FACTS, Renewable integration, Innovation, Energy transition, Digital grid, Modular power flow control technology, Renewable energy, Electrical and electronics solutions, Smart grid technology, Grid optimization

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Equity $5.00M 1
3×5 Partners
16 Nov 2022
Series E $75.00M 2
Lime Rock New Energy, 3×5 Partners
21 Dec 2019
Series D $54.62M 1
Alumni Ventures
31 May 2018
Series C $17.35M -
03 Jun 2015
Series B $18.39M 2
RiverVest, Trog Hawley Capital
16 Nov 2014
Series A $10.00M 1
RiverVest
15 Nov 2012
Seed Round $3.00M -
22 Sep 2011
Seed Round Undisclosed 1
Jane Capital Partners
01 May 2010

Smart Wires Inc. Alternatives & Competitors

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Smart Wires Inc. vs
Ambri
Ambri United States

Unleashing the power of grid-scale renewable energy

Venture round
77 employees
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Smart Wires Inc. vs
Euto Energy
Euto Energy The Netherlands

Transform your grid infrastructure with virtualized protection, automation, and control.

7 employees
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Smart Wires Inc. vs
MSP Technologies Ltd
MSP Technologies Ltd United Kingdom

Energy Storage Experts & System Integrators Rapidly deployed, modular systems. Multiple renewable en...

Seed
21 employees
Energy, Manufacturing

FAQ About Smart Wires Inc.

We are the world’s leading grid enhancing technology and services provider.
Smart Wires Inc. was founded in 2010.
Smart Wires Inc. is headquartered in Durham, United States.
Smart Wires Inc. operates in Energy and Manufacturing. Its work centres on Grid enhancing technology, Transmission reliability, Congestion management and Power flow control solutions.
Smart Wires Inc. has approximately 103 employees.
Smart Wires Inc. has completed 8 funding rounds, raising a total of $183.36M. The latest funding stage is Post-IPO Equity.
Top alternatives and competitors to Smart Wires Inc. include Ambri, Euto Energy, MSP Technologies Ltd, XFlow Energy Company, myenergi. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Smart Wires Inc. and Ambri are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Smart Wires Inc., https://bouncewatch.com/company/smart-wires-inc, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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