Top 74 Smart Grid startups

Updated: Jan 06, 2026
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These startups develop technologies that enable real-time grid monitoring, energy management, demand response and electric grid optimization.
1
Octopus Energy
Country: UK | Funding: $2.9B
Octopus Energy develops cloud-based smart grid platform and provides fair prices forever and greener energy from the UK's largest investor in solar generation. It uses an innovative AI and data-based platform to balance loads around the grid.
2
Kraken
Country: UK | Funding: $1B
Kraken is a spinoff of Octopus Energy, a company building a virtual grid for renewable energy supply. Kraken is the AI ​​software that manages this grid, and Octopus has decided to sell it separately to other energy utilities. Kraken provides a suite of tools for managing the grid and customer base, forecasting load and income, organizing support and creating new products and tariffs. It also enables field operations management, including collaboration with local contractors, real-time network data retrieval to monitor performance, identify faults and allows to precisely manage capacity loads arising from the expansion of distributed energy sources. Kraken supplies its energy software to such utility companies as EDF and E.ON.
3
Arcadia
Country: USA | Funding: $575.5M
Arcadia Power is a nationwide home energy platform providing clean energy and savings.
4
BBOXX
Country: UK | Funding: $215M
BBOXX designs, manufactures, and distributes plug and play solar systems. It also offers pay-as-you-go solar power. BBOXX Power DC product range is closed DC systems in standardised sizes. BBOXX Hub brings the smart capabilities of remote monitoring and control to larger capacity systems and projects. BBOXX Pulse is a comprehensive management platform that enables growth of next generation utility businesses.
5
Uplight
Country: USA | Funding: $200M
Uplight’s suite of software gives utilities granular data about how customers consume energy in their homes and businesses and offers ways to reduce their base power demand. It also provides a marketplace for consumers to find rebates and deals on energy-efficient appliances and electric vehicles.
6
Origami Energy
Country: UK | Funding: $86.5M
Origami Energy is creating a real-time marketplace for a distributed energy world. It's smart technology intelligently manages and remotely controls distributed energy assets to access the most profitable current and future value opportunities.
7
ConnectDER
Country: USA | Funding: $80.3M
ConnectDER make products that integrate power and data from residential scale DERs into the grid.
8
WeaveGrid
Country: USA | Funding: $78M
Weave Grid is dedicated to enabling large-scale electrification of transportation through direct & efficient system integration. The company taps into electric vehicle charging data and can optimize EV charging for customers such as utilities.
9
Leap
Country: USA | Funding: $60.1M
Leap is a marketplace for universal distributed energy resources to participate in the energy market. Leap allows every connected device to help balance the grid, and get paid for it.
10
Flower
Country: Sweden | Funding: $58.2M
Flower is Flexible Power. Our vision extends beyond the energy transition, we aim to become the pioneering force powering the energy system of tomorrow.
11
Moixa
Country: UK | Funding: $46.1M
Moixa is the UK’s leading smart battery company. We develop our Smart Battery hardware and GridShare software to facilitate smart energy storage and sharing.
12
SparkMeter
Country: USA | Funding: $41.2M
SparkMeter offers comprehensive low-cost metering solutions for everything from rural micro-grids.
13
Enervee
Country: USA | Funding: $40.5M
Enervee is a platform-oriented company that drives energy efficiency and consumer engagement through a suite of innovative SaaS products.
14
Heimdall Power
Country: Norway | Funding: $37.7M
Heimdall Power is a global B2B SaaS company, providing software and sensors that help utilities increase the utilization of their power grid
15
Dexter Energy
Country: Netherlands | Funding: €35.5M
Dexter provides forecasting and dispatching solutions based on AI and cloud-based technology that increases efficiency and reduces cost.
16
Power Ledger
Country: Australia | Funding: $37.2M
Power Ledger has developed a series of world-leading blockchain energy applications, such as its P2P energy trading application.
17
ENlighten
Country: South Korea | Funding: $34.7M
ENlighten brings solar power plants of varying sizes scattered across the country into one integrated platform, where its clients can operate and monitor their solar plants and also estimate the power output of their plant.
18
Electrify
Country: Singapore | Funding: $35M
Electrify develops blockchain-enabled peer-to-peer (P2P) trading of renewable energy in the city, which allows both utilities and consumers to produce and sell electricity.
19
Virtual Peaker
Country: USA | Funding: $31.1M
Virtual Peaker’s web-based platform uses customers’ smart home devices to track and control consumption, keep the grid stable, and allow utilities to bring in more renewable energy sources.
20
Amperon
Country: USA | Funding: $31.3M
Amperon is a provider of a digital smart meter platform that delivers real-time energy data forecasts and analytics.
21
Camus Energy
Country: USA | Funding: $29M
Camus provides a grid orchestration platform to help electric utilities operate and build a reliable, affordable, and zero-carbon grid.
22
Splight
Country: USA | Funding: $26.1M
Splight is a technology business that creates artificial energy for digital solutions in existing power infrastructure.
23
Innowatts
Country: USA | Funding: $24.3M
Innowatts’ platform transforms how energy providers understand and serve their customers. We use AI to unlock meter-level data, provide consumer insights and make businesses processes automated and smarter for energy retailers, utilities and grid operators.
24
Eliq
Country: Sweden | Funding: $22.4M
The Eliq customer engagement platform and apps brings utilities all over the world closer to their customers. End-customers gain total control of their consumption resulting in 10x engagement, reduced churn, cost-to-serve and increased in-app upselling.
25
Cygni Energy
Country: India | Funding: $21.7M
Cygni's Solar DC solutions or DC Micro-grid is an innovative technology which provides green solar energy and dc power at a very low cost.
26
Thinxtra
Country: Australia | Funding: A$26M
Thinxtra is empowering Australia and New Zealand’s Internet of Things by deploying SIGFOX world-leading LPWAN connectivity
27
Piclo
Country: UK | Funding: £15.9M
Piclo develops software to make electricity grids smart, flexible and sustainable.
28
Ivy Energy
Country: USA | Funding: $18M
Ivy is a turn-key service powered by intelligent software providing equitable solar access to residents and predictable returns to owners.
29
LO3 Energy
Country: USA | Funding: $16.8M
LO3 Energy is developing blockchain based innovations to revolutionize how energy can be generated, stored, bought, sold and used, all at the local level.
30
Enode
Country: Norway | Funding: $17.2M
Enode develops APIs that connect EVs, home chargers, batteries, and heating to energy management apps.
31
WattBuy
Country: USA | Funding: $16.6M
WattBuy aims to give households a simple platform to shop for an electricity provider in states where that is an option. Users are able to upload their electricity usage and compare available plans to save money or buy electricity from a solar or wind energy provider.
32
Lemon Energy
Country: Brazil | Funding: $14.6M
Lemon Energy simplifies the consumption of solar energy, connecting local producers to businesses.
33
Electron
Country: UK | Funding: £11M
Electron is a start-up harnessing blockchain technologies to design more efficient, resilient and flexible systems for the energy sector.
34
Plexigrid
Country: Sweden | Funding: $14.3M
Plexigrid develops software solutions that enable increased renewable energy in electrical distribution grids.
35
Grid4C
Country: USA | Funding: $13M
Grid4C develops AI and Machine Learning solutions to extract maximum business value out of smart meters and IoT data, embedding algorithms at the grid edge, while delivering predictive insights for energy providers, their customers, and the grid.
36
Beacon Power Services
Country: Nigeria | Funding: $11.9M
Beacon Power Services is a utility company that provides energy management software and analytics for utilities.
37
UtilityAPI
Country: USA | Funding: $11.7M
UtilityAPI is a service that automatically collects utility bill and usage data from utility web portals.
38
Axle Energy
Country: UK | Funding: $10.6M
Axle's software dynamically gives flexibility to the electricity grid and adjusts energy usage to when it is cheapest and greenest. Axle’s API enables energy suppliers and hardware manufacturers to monetise the flexibility of home energy devices, lowering costs and emissions while improving grid stability.
39
BluWave-ai
Country: Canada | Funding: CA$14.7M
BluWave-ai uses artificial intelligence to improve operations for energy grids and renewable energy sources like wind and solar farms
40
Rhizome
Country: USA | Funding: $10M
Rhizome is helping electric utilities assess and prevent climate-induced power grid failures.
41
Buzz Solutions
Country: USA | Funding: $9.5M
Buzz Solutions is developing artificial intelligence technology to spot and analyze power line flaws so companies can repair them before a fire starts.
42
Kevala
Country: USA | Funding: $9.3M
Blue Planet uses it’s patented Liquid Condensed Phase Technology to convert CO2 into high-value CarbonMix building and highway materials.
43
Upside Energy
Country: UK | Funding: £6.2M
Upside Energy reduces greenhouse gases by enabling people to make smart choices about when to use energy. It uses advanced algorithms and artificial intelligence to match energy demand with the available supply, helping the electricity grid deal with fluctuations and times of peak usage.
44
FlexiDAO
Country: Spain | Funding: €7.1M
FlexiDAO specializes in developing software for the energy sector.
45
Blixt
Country: Sweden | Funding: €7.1M
Blixtis a company that offers semiconductor-based circuit breakers and household fuses.
46
Solarize
Country: Germany | Funding: €6.3M
Solarize provides SaaS for energy production, distribution and billing for commercial microgrids.
47
EdgeGrid
Country: India | Funding: $6M
EdgeGrid is a technology platform to enable the energy transition for last-mile customers including households, small businesses, commercial building owners and electric vehicle charging networks
48
Next Kraftwerke
Country: Germany
As a digital utility, Next Kraftwerke is the operator of a Virtual Power Plant (VPP ) & a trader on various European power markets. The company also creates a sizeable digital platform of flexible power producers and consumers.
49
Singularity Energy
Country: USA | Funding: $5.9M
Singularity Energy, a SaaS platform that reports on carbon emissions for the electricity grid
50
Ogre AI
Country: Romania | Funding: €5.6M
Ogre AI develops automated B2B platform which uses machine learning to offer financial and operational decision-making support to energy and utilities companies. It is leveraging novel data sources and machine learning to provide more accurate renewable energy forecasting.
Alexander Gillet
Editor: Alexander Gillet
Alexander Gillet is a senior editor for EnergyStartups. He has a deep background in energy sector and startups. Alexander graduated from Emlyon Business School, a leading French business school specialized in entrepreneurship. He has helped several non-profit organizations dedicated to promoting environmental education and sustainability and has written over 250 articles on energy technology for various websites. In his free time, Alexander enjoys yoga, camping and exploring the Blue Ridge Mountains. You can contact Alexander at alexgillet(at)energystartups(dot)com