This startup making the electricity grid more resilient while reducing wildfires just raised $10.5 million.

June 12, 2023

•

Business Insider sits down with Gridware CEO, Tim Barat to talk about how its real-time grid monitoring technology is working to prevent forest fires and make the grid more resilient.

‍

The article reviews Gridware’s recent $10.5 million seed extension funding round lead by Lowercarbon Capital and Fifty Years with JP Morgan adding debt funding.

‍

Also shared is an exclusive look at the 10-slide pitch deck Gridware used to raise the seed extension.

‍

Read the full article here: https://www.businessinsider.com/gridware-10-million-lowercarbon-fifty-years-electricity-wildfires-pitch-deck-2023-6

Share this post

Timothy Barat

Co-founder & CEO

You May Also Enjoy

Wildfires Aren’t the Grid’s Biggest Problem. They’re a Symptom of It.

Gridware Powers Forward with $26.4 Million Series-A Round Led by Sequoia Capital

Gridware announces a successful Series-A funding round, raising $26.4 million, with Sequoia Capital leading the investment, alongside existing backers such as Fifty Years, Lowercarbon, True Ventures, and Convective Capital. This funding will help accelerate Gridware’s mission to transform grid protection and monitoring, enhancing safety and resilience for power utilities.

February 4, 2025

CBS News Spotlights Gridware's Mission to Protect Communities from Wildfires

Highlighted in a recent CBS News article, our technology helps identify potential risks before they escalate, empowering utility companies to enhance safety and protect communities. As wildfires become an urgent concern, Gridware is committed to redefining wildfire prevention and promoting a sustainable future. Join us in our mission to create a safer tomorrow for everyone.

February 4, 2025