Corporate funding for Smart Grid companies in Q1 2025 was 23% lower year over year (YoY), with $530 million in 21 deals compared to $686 million in 14 deals in Q1 2024.
To get a copy of the report, visit: https://mercomcapital.com/product/q1-2025-funding-ma-report-smart-grid
VC funding in the Smart Grid sector decreased 47% year over year, with $346 million raised in 18 deals in Q1 2025 compared to $656 million raised in 12 deals in Q1 2024.
Categories that raised VC funding included Grid Optimization, Data Analytics, Demand Response, Distributed Generation and Integration, and Smart Grid Communications.
The Top five Smart Grid VC funding deals in Q1 2025 were Connected Kerb, which raised $81 million; Smart Wires, which raised $65 million; GreenWay, which raised $54 million; Gridware, which raised $26 million; and ecoplanet, which raised $16 million.
In Q1 2025, $184 million was raised in three debt and public market financing deals. In a YoY comparison, $30 million was raised in two debt and public market financing deals in Q1 2024.
Three Smart Grid M&A transactions (all undisclosed) were announced in Q1 2025, compared to one undisclosed transaction in Q1 2024.
To get a copy of the report, visit: https://mercomcapital.com/product/q1-2025-funding-ma-report-smart-grid
