About Faraday Grid
Data last updated:
Faraday Grid is a company based in Edinburgh (United Kingdom) founded in 2016. Faraday Grid has raised $32.53 million across 2 funding rounds from investors including Gov.uk and Adam Neumann. Faraday Grid offers products and services including Slot Games and Toto Games. Faraday Grid operates in a competitive market with competitors including Smart Wires and Switched Source, among others.
- Headquarter Edinburgh, United Kingdom
- SectorsEnergy & Utilities
- EmailLocked
- PhoneLocked
- WebsiteLocked
- SocialLocked
- Legal Name Faraday Grid Ltd
- Annual RevenueNot available
- Net ProfitNot available
- EBITDANot available
- Total Equity Funding$32.53 M (USD)
in 2 rounds
- Latest Funding Round$32.53 M (USD), Angel Round
Jan 24, 2019
- InvestorsGov.uk
& 1 more
- Employee CountNot available
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Products & Services of Faraday Grid
Faraday Grid offers a comprehensive portfolio of products and services, including Slot Games and Toto Games.
Platform for playing slot games and winning jackpots
Games for lottery-style events and prize opportunities
Funding Insights of Faraday Grid
Faraday Grid has successfully raised a total of $32.53M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $32.53 million completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Faraday Grid
Faraday Grid has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Gov.uk and Adam Neumann.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online government services and information are provided to users. | Locked | Locked | Locked | |
AN Adam Neumann | - | Locked | Locked | Locked |
Investor details for Faraday Grid
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Investments & Acquisitions by Faraday Grid
Investment portfolio details for Faraday Grid
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Financial Statements - Faraday Grid
Detailed financials for Faraday Grid
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Faraday Grid Comparisons
Peer comparison for Faraday Grid
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Competitors of Faraday Grid
Faraday Grid operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Smart Wires and Switched Source, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked | Smart wires to push power from overloaded line to under utilized lines | |
| Locked | Locked | Locked | A hardware-based system for distributed energy resources is developed. |
Detailed competitors of Faraday Grid
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Latest news on Faraday Grid
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Frequently Asked Questions about Faraday Grid
Faraday Grid was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Faraday Grid is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
Faraday Grid is a funded company, having raised a total of $32.53M across 2 funding rounds to date.
Founded in 2016 in Edinburgh, United Kingdom, operations are focused on the energy sector. Hardware devices that replace traditional transformers in electricity networks are designed to support volatile and distributed renewable sources. Electricity generation and dispatch are enabled without grid disruptions, ensuring stable delivery to users. An autonomous electrical meta-network is provided, independent of generation and consumption patterns, with built-in inertia for resilience.
Faraday Grid's top competitors include Smart Wires and Switched Source.
Faraday Grid offers Slot Games and Toto Games.
Faraday Grid has 2 investors. Key investors include Gov.uk, and Adam Neumann.