New investment round for Grid.vc portfolio company Safegrid

 

Grid.vc’s portfolio company Safegrid has received a million euro investment from Ajanta Innovations investment company and its co-investors and Grid.vc venture fund. Safegrid’s intelligent grid system helps locate, predict and prevent grid faults and improve grid performance with instant-on wireless sensors and modern cloud-based monitoring and analytics software. With this investment, Safegrid can accelerate its growth in the European markets, where it already has tens of grid companies as customers.

 

In addition to the investment, Safegrid has appointed former Nokia CEO Olli-Pekka Kallasvuo as the chairman of the board of directors. Kallasvuo brings with him decades of experience in corporate leadership and high technology business, and long track record of leading innovative and diverse teams around the world. “I like the vision of Safegrid and share their vision of transforming the smart grids to support the fight against the climate change and make electricity distribution more sustainable and flexible. I decided to accept the invitation to join the board because Safegrid is a very unique company”, said Olli-Pekka Kallasvuo.

 

Grid.vc warmly welcomes Mr. Olli-Pekka Kallasvuo to join the board!

28.02.2023
Grid.vc has made its first ever investment in an Estonian start-up, Bioreactor Oü. Bioreactor develops cloud-controlled micro bioreactors for decentralized heat and power generation. The innovative biomass gasification combined with deep learning and digital twin technology enables cost-effective and sustainable energy solutions for households while deriving extra revenues from the increasingly volatile wholesale power markets.
09.01.2023
Grid.vc pääsee aloittamaan uuden vuoden uudesta tilanteesta. Vuoden 2022 aikana irtauduimme kahdesta sijoituskohteesta ja saimme yhden uuden sijoittajan. Nämä vahvistivat uskoa konseptimme toimivuuteen ja mahdollisuuteen tehdä uusia kannattavia sijoituksia. Tältä pohjalta tulemme vuoden aikana nostamaan hallinnoitavien varojen määrää ja tekemään muutaman uuden sijoituksen energiatoimialan murrosta nopeuttaviin teknologioihin.
09.11.2022
Grid.vc portfolio company Ai4 Technologies was acquired by Sharper Shape, a US based growth company with Finnish roots offering a holistic and proactive approach to utility asset and vegetation management. The transaction was executed via share transfer - making Sharper Shape Group Inc the newest portfolio company for Grid.vc.
24.10.2022
Our portfolio company Unified Chargers will continue its growth with the support of Enersense. Enersense International Oyj and the shareholders of Unified Chargers signed the transaction, where Enersense acquires all the shares of Unified Chargers, on the 20th of October and closing is expected within November. Unified Chargers' EV charging technology is now proven in the Finnish market and the company needs broader shoulders to respond to increasing international demand. Grid.vc wishes the best of luck to Unified Chargers and the team in the future and thank you for the three years of co-operation!