About SCiBreak
SCiBreak is an Energy & Utilities company based in Stockholm (Sweden) founded in 2014, and was acquired by Mitsubishi Electric in February 2023. Ultra-fast circuit breakers are provided for fault current detection. SCiBreak offers products and services including VARC Circuit Breakers and Fault Current-Limiting Circuit Breaker. Its focus areas include Energy Tech, Smart Grid, Grid Management and Fault Management. Its legal entity is Scibreak AB.
Company details
SCiBreak was founded in 2014 in Stockholm, Sweden, focusing on power grid protection technology. Hybrid switches are developed that integrate power semiconductors with mechanical breaking elements to interrupt faults in under tens of milliseconds. Short-circuit issues in AC and DC systems are addressed rapidly, minimizing disruptions and preventing equipment damage. Operations center on innovative circuit breaker solutions for reliable energy distribution.
- Headquarters Stockholm, Sweden
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Website scibreak.com
- Social LinkedIn
- Acquired by Mitsubishi Electric (Feb 2023)
- Legal Name Scibreak Ab
- Latest Funding Round$811.53K (USD), Grant
Oct 2020
- InvestorsMitsubishi Electric
& 1 more
- Acquired byMitsubishi Electric
(Feb 2023)
Products & Services of SCiBreak
SCiBreak offers a comprehensive portfolio of products and services, including VARC Circuit Breakers and Fault Current-Limiting Circuit Breaker.
High-voltage breakers for DC grids to limit faults and enhance transmission.
Technology for railway and power grids to prevent electrical failures.
Funding Insights of SCiBreak
- Total Rounds 1
- Last Round Grant — $811,533
- First Round $811,533
(Oct 2020)
- Investors Count 1
All 1 funding rounds of SCiBreak with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | $811,533 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in SCiBreak
SCiBreak has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Mitsubishi Electric and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Industrial automation, power systems, and semiconductors are manufactured globally. | 1921 | mitsubishielectric.com | Chiyoda City, Japan |
Investor details for SCiBreak
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of SCiBreak
3 dated milestones of SCiBreak across 9 years, from founding to its latest funding, stage changes and deals.
- Founded SCiBreak is founded.
- Funding First funding round of $812K.
- Exit Acquired by Mitsubishi Electric.
Web traffic of SCiBreak
The website of SCiBreak (scibreak.com) receives about 3.2K visits a month.
- Monthly visits3.2K
▲ 33.8% vs previous month
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Related news about Scibreak
Complete news archive for SCiBreak
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Frequently Asked Questions about SCiBreak
SCiBreak was founded in 2014 and raised its 1st funding round 6 years after it was founded.
SCiBreak is headquartered in Stockholm, Sweden.
SCiBreak was founded in 2014 in Stockholm, Sweden, focusing on power grid protection technology. Hybrid switches are developed that integrate power semiconductors with mechanical breaking elements to interrupt faults in under tens of milliseconds. Short-circuit issues in AC and DC systems are addressed rapidly, minimizing disruptions and preventing equipment damage. Operations center on innovative circuit breaker solutions for reliable energy distribution.
SCiBreak offers VARC Circuit Breakers and Fault Current-Limiting Circuit Breaker.
SCiBreak has 2 investors. Key investors include Mitsubishi Electric, and European Union.
SCiBreak operates through Scibreak Ab.
Yes. SCiBreak was acquired by Mitsubishi Electric in February 2023.