6 years ago

Synaptec Secures £2.9 Million to Revolutionize Power Grid Monitoring

  • Synaptec, a UK-based energy tech company, has raised £2.9 million in a growth round led by Foresight Group and Williams Advanced Engineering

  • The company's technology provides passive monitoring of electric power grids using existing optical fiber networks, addressing the increasing complexity of grids due to renewable energy integration

  • The funding will be used to scale up manufacturing, engineering, and business development.

      • ProblemEnergy

      "managing complex electric power grids caused by increasing renewable energy sources"

      Solution

      "passively monitoring the grid using existing optical fibre networks without expensive auxiliary equipment, GPS, or power"

      Covered on