Itron is set to acquire Miami-based software firm Urbint for $325 million, financed from Itron’s existing cash reserves. The transaction is expected to close in the fourth quarter of 2025. Urbint, backed by investors including Energize Capital,...
In two closely timed transactions, private equity firm Aurelius is expanding its footprint in global metering by acquiring operations from both Landis+Gyr and Xylem. On September 29, 2025, Landis+Gyr Group AG agreed to sell its Europe-Middle...
GridStrong, a platform focused on automating regulatory compliance and operational reliability for electric grids, has secured $10 million in seed funding. The round was led by Congruent Ventures, with participation from Energize Capital and...
The California Energy Commission has awarded $1.1 million to Brooklyn-based charging company it’s electric to develop the world’s first curbside vehicle-to-grid (V2G) EV charger. The project is supported through the state’s Electric Program...
Phoenix-based startup Nuclearn has completed a $10.5 million Series A funding round to expand its AI platform for nuclear reactor operations. The round was led by Blue Bear Capital, with participation from SJF Ventures and follow-on investments from...
National Grid has begun deploying autonomous drones from data solutions provider sees.ai for electricity infrastructure inspections, in what it describes as the first centralised beyond visual line of sight (BVLOS) aerial inspection system...
San Francisco–based grid technology company Splight has raised $12.4 million in SAFE funding led by Blue Bear Capital and ZOMA Capital. The financing will support the expansion of its Dynamic Congestion Management (DCM) platform, which uses...
UK-based startup Yottar has raised £1 million ($1.2 million) in pre-seed funding led by Haatch with participation from Cape Capital. The company has developed a digital twin platform that aggregates grid data from distribution network operators...
Honeywell has acquired SparkMeter’s data platform and software technologies, adding three utility-focused solutions: Praxis, GridScan, and GridFin, to its Smart Energy portfolio. The deal, for an undisclosed amount, includes intellectual property...
Norwegian distribution system operator (DSO) Lede has partnered with StormGeo to deploy GridEyes, an AI- and satellite-based platform designed to enhance vegetation management and grid resilience. Developed with support from the European Space...
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