GridON

Givatayim, Israel Founded: 2009 • Age: 17 yrs
Grid reliability is enhanced by fault current limiter technology.
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About GridON

GridON is a company based in Givatayim (Israel) founded in 2009.. GridON offers products and services including FCLi, FCL, and FCLd. GridON operates in a competitive market with competitors including FaultCurrent, HiGrid and WattControl, among others.

  • Headquarter Givatayim, Israel
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Gridon Ltd.
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $1.17 M (USD), Grant

    May 31, 2017

  • Investors
  • Employee Count
    Employee Count
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Products & Services of GridON

GridON offers a comprehensive portfolio of products and services, including FCLi, FCL, and FCLd. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Limits and interrupts excessive fault currents in low-to-medium voltage networks.

Suppresses fault currents in medium-to-high voltage distribution networks.

Enables fault current management for high-voltage networks up to 38kV.

Funding Insights of GridON

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $1.2M
  • First Round

    (01 Jun 2015)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2017 Amount Grant - GridON Valuation

investors

Jun, 2015 Amount Grant - GridON Valuation

investors

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

Investors in GridON

GridON has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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 GridON

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 - GridON

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

Gridon Comparisons

Employees
+
Add Comparison
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Competitors of GridON

GridON 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 FaultCurrent, 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
Fault current limiting technology for power grids is developed.
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 Gridon

Frequently Asked Questions about GridON

When was GridON founded?

GridON was founded in 2009 and raised its 1st funding round 6 years after it was founded.

Where is GridON located?

GridON is headquartered in Givatayim, Israel. It is registered at Givatayim, Tel Aviv District, Israel.

What does GridON do?

GridON was founded in 2009 in Givatayim, Israel, focusing on energy grid infrastructure. Fault current limiter technology is developed to safeguard the electric grid against disruptions and outages. Reliability is improved, supporting load growth and expansion. The technology was created in partnership with Bar-Ilan University and Ricor Ltd., operating within the power systems sector to enable stable electricity distribution.

Who are the top competitors of GridON?

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

What products or services does GridON offer?

GridON offers FCLi, FCL, and FCLd.

Who are GridON's investors?

GridON has 2 investors. Key investors include European Union, and EIC Fund.

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