Smart grid firm to power into US with £13.5m backing

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Smart grid firm to power into US with £13.5m backing - BusinessCloud

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We are so excited to have some of the strongest VCs and strategic partners in our corner to realise this impact and begin transforming power globally.

The company is collaborating with energy giant EDP, with Portugal and Spain networks being the first to benefit.

Electricity consumption is expected to double by 2050 while much of the grid infrastructure is nearing the end of its life.