About NovoGrid
NovoGrid is a company based in Dublin (Ireland) founded in 2014 was acquired by SCADA International in November 2024.. NovoGrid offers products and services including GridScreen, GridCast, GridAtlas, and GridBoost. NovoGrid operates in a competitive market with competitors including Trilliant, GridPoint, GeoDigital, Neara and Volue, among others.
- Headquarter Dublin, Ireland
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Novogrid Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
SCADA International
& 1 more
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Employee Count
Employee Count
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Acquired by
SCADA International
(Nov 28, 2024)
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Products & Services of NovoGrid
NovoGrid offers a comprehensive portfolio of products and services, including GridScreen, GridCast, GridAtlas, and GridBoost. 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.
Provides options for grid connections and curtailment analysis.
Delivers congestion data for energy trading decisions.
Simplifies grid location scouting via interactive maps.
Optimizes connections to enhance efficiency and scalability.
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Funding Insights of NovoGrid
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2015 | Amount | Seed - NovoGrid | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NovoGrid
NovoGrid has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include SCADA International and NDRC. 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.
| Investor | Description | Founded Year | Domain | Location |
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Startups across sectors are accelerated by NDRC in Ireland.
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Founded Year | Domain | Location | |
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SCADA systems are developed for renewable energy applications.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NovoGrid
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NovoGrid
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Novogrid Comparisons
Competitors of NovoGrid
NovoGrid 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 Trilliant, GridPoint, GeoDigital, Neara and Volue, 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 |
Provider of communication systems and software platforms for smart grid applications
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| domain | founded_year | HQ Location |
Provider of data-driven energy management solutions
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| domain | founded_year | HQ Location |
Provider of 3D data of remote sensor, and spatial intelligence technologies
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| domain | founded_year | HQ Location |
Digital twin solutions for power transmission are developed for utilities.
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| domain | founded_year | HQ Location |
Solutions for portfolio and project management are provided.
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| domain | founded_year | HQ Location |
AI-driven optical sensor solutions for grid network monitoring are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Novogrid
Frequently Asked Questions about NovoGrid
When was NovoGrid founded?
NovoGrid was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is NovoGrid located?
NovoGrid is headquartered in Dublin, Ireland.
What does NovoGrid do?
NovoGrid was founded in 2014 in Dublin, Ireland, within the renewable energy sector. A control platform is offered to optimize generator output for grid integration. Electrical output from generators is dynamically adjusted based on grid frequency changes, enabling increased electricity export while meeting all regulatory limits. The solution supports deployment in decentralized configurations or integrated centralized systems.
Who are the top competitors of NovoGrid?
NovoGrid's top competitors include GeoDigital, Neara and envelio.
What products or services does NovoGrid offer?
NovoGrid offers GridScreen, GridCast, GridAtlas, and GridBoost.
Who are NovoGrid's investors?
NovoGrid has 2 investors. Key investors include SCADA International, and NDRC.