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SpotmyEnergy, a German energy startup based in Cologne, has raised €10.5 million in seed funding. The round was led by Swedish VC Norrsken, with participation from Vorwerk Ventures and existing investor Picus Capital. The funding will be used to...
Spanish utility Iberdrola is exploring the sale of its UK smart metering business, aiming to raise around £1 billion ($1.27 billion), according to sources. The process, advised by RBC, is in early stages, with no guarantee of a deal....
LACROIX is in exclusive talks with SWARCO for the sale of its City-Mobility segment, aligning with its May 2024 strategy to refocus on high-potential activities in Electronics and Environment. The divestment includes the Traffic and V2X business...
The European Investment Bank (EIB) has provided a €50 million loan to Austria’s Zumtobel Group to support R&D for energy-efficient smart lighting solutions. With a total investment of €191 million over the next three years, the funding...
Perpignan Méditerranée Métropole (PMM) is deploying 120,000 smart water meters by 2026. The Kamstrup flowIQ 2200 meters, featuring acoustic leak detection and real-time monitoring capabilities, aim to preserve water resources and provide precise...
The Data Communications Company (DCC) has begun rolling out 4G communication hubs for Britain’s smart meters, with mass deployment set for summer 2025. This upgrade aims to future-proof the network as 2G/3G sunsets by late 2023. Suppliers will...
Amsterdam-based Next Sense has secured €11.5M in Series A funding to scale its smart building platform globally. The round was co-led by ABP and ETF Partners, with support from Edge, SHAPE Capital, and Timeless Investments. Next Sense combines...
Xylem announced the acquisition of a majority stake in Idrica, a Spanish company specializing in water data management and analytics. Xylem and Idrica first partnered in January 2023 to integrate Xylem Vue, Xylem’s digital solutions platform,...
The New York City Department of Environmental Protection (DEP) has embarked on an ambitious program to upgrade 600,000 Automatic Meter Reading (AMR) system to an Advanced Metering Infrastructure (AMI) network. The modernization of water metering...
Wollongong has launched an innovative trial to tackle hooning and vehicle noise pollution by deploying advanced noise detection cameras, marking Australia’s first initiative of this kind. Bayside in Sydney is also participating, targeting...
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