FaultCurrent

Cardiff, United Kingdom Founded: 2012 • Age: 14 yrs Acquired By Eriez
Fault current limiting technology for power grids is developed.
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About FaultCurrent

FaultCurrent is a company based in Cardiff (United Kingdom) founded in 2012 was acquired by Eriez in May 2019.. The company has 3 employees as of December 31, 2019. FaultCurrent operates in a competitive market with competitors including GridON, HiGrid and WattControl, among others.

  • Headquarter Cardiff, United Kingdom
  • Employees 3 as on 31 Dec, 2019
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Faultcurrent Ltd
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    3

    as on Dec 31, 2019

  • Acquired by
    Eriez

    (May 06, 2019)

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Funding Insights of FaultCurrent

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in FaultCurrent

FaultCurrent has secured backing from 1 investor. Prominent investors backing the company include Eriez. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Eriez is recognized as a leader in separation technologies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by FaultCurrent

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - FaultCurrent

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Faultcurrent Comparisons

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Competitors of FaultCurrent

FaultCurrent 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 GridON, HiGrid and WattControl, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Grid reliability is enhanced by fault current limiter technology.
domain founded_year HQ Location
Provides health monitoring and fault detection solutions for power networks.
domain founded_year HQ Location
Monitors and analyzes infrastructure for electrical distribution networks.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Faultcurrent

Frequently Asked Questions about FaultCurrent

When was FaultCurrent founded?

FaultCurrent was founded in 2012.

Where is FaultCurrent located?

FaultCurrent is headquartered in Cardiff, United Kingdom. It is registered at Cardiff, Wales, United Kingdom.

Who is the current CEO of FaultCurrent?

Martin Ansell is the current CEO of FaultCurrent.

How many employees does FaultCurrent have?

As of Dec 31, 2019, the latest employee count at FaultCurrent is 3.

What does FaultCurrent do?

Fault Current is a developer of fault current limiting technology for power grids targeted at utility service providers. Has developed and patented a passive magnetic fault current limiter technology and system which protects power distribution networks from power surges on the existing power grids. Claims that the system can auto-detect and isolate faults with low network losses.

Who are the top competitors of FaultCurrent?

FaultCurrent's top competitors include GridON, HiGrid and WattControl.

Who are FaultCurrent's investors?

FaultCurrent has 1 investor. Key investors include Eriez.

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