About Standard Microgrid
Standard Microgrid is an Energy & Utilities company based in Oakland (United States) founded in 2012. Distributed renewable energy is generated and managed for rural areas. Standard Microgrid offers products and services including Grid Management System, Microgrid Switch, and Microgrid Manager Mobile App. Its focus areas include Energy Tech, Smart Grid, Distributed Energy Resources and Microgrid. Its competitors include BioLite, ConnectDER and Fenix International; 3 of its 3 listed competitors have raised funding.
Company details
Standard Microgrid is a distributed energy services company providing distributed renewable generation and proprietary grid management hardware and software. Standard Microgrids first pilot is currently running on a rural test site in Mugurameno Zambia. Their system draws energy from solar panels and takes an entire utility solution to rural users typically in a small village. Instead of selling energy by kilowatt hours Standard Microgrid uses a mathematical model to sell energy according to its use. There are different rates for lighting at night or to charge a phone during the day.
- Headquarters Oakland, United States
- SectorsEnergy & Utilities
- Email••••••••
- Website standardmicrogrid.com
- Social LinkedIn Facebook YouTube
- Latest Funding Round$2.44M (USD), Grant
May 2021
- Investors
Products & Services of Standard Microgrid
Standard Microgrid offers a comprehensive portfolio of products and services, including Grid Management System, Microgrid Switch, and Microgrid Manager Mobile App.
Manages remote power distribution and prepaid services for off-grid grids.
Controls power usage and enables prepaid credit sales in communities.
Facilitates user access and monitoring of power consumption remotely.
Funding Insights of Standard Microgrid
- Total Rounds 2
- Last Round Grant — $2.44M
- First Round $5.66M
(Apr 2021)
- Investors Count 1
All 2 funding rounds of Standard Microgrid 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 |
|---|---|---|---|---|---|
| May 2021 | $2.44M | Grant | – | – | |
| Apr 2021 | $5.66M | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Standard Microgrid
Standard Microgrid has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 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 |
Investor details for Standard Microgrid
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of Standard Microgrid
3 dated milestones of Standard Microgrid across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Standard Microgrid is founded.
- Funding First funding round of $5.7M.
- Funding Latest funding round, Grant, of $2.4M.
Competitors of Standard Microgrid
Standard Microgrid has 3 listed competitors in our database, 3 of them funded. They include BioLite, ConnectDER and Fenix International.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bioliteenergy.com | 2009 | Brooklyn, United States | $16.2M | Energy generation from wooden biomass, powerbank and solar kit | ||
| connectder.com | 2011 | Falls Church, United States | $72.45M | 16 | Solutions for microgrid integration with main grids are provided. | |
| fenixintl.com | 2009 | San Francisco, United States | $16.6M | 7 | Plug-and-play smart batteries are produced for off-grid energy storage. |
Detailed competitors of Standard Microgrid
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Renewable Energy Platforms
3 companies that operate in the same segment as Standard Microgrid (Renewable Energy Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Solar panel tracking software is provided for monitoring and control. | 2013 | Fremont, California, United States | USD 42.63 M | USD 3.56 B | 1,300 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
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Frequently Asked Questions about Standard Microgrid
Standard Microgrid was founded in 2012 and raised its 1st funding round 9 years after it was founded.
Standard Microgrid is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
Standard Microgrid is a distributed energy services company providing distributed renewable generation and proprietary grid management hardware and software. Standard Microgrids first pilot is currently running on a rural test site in Mugurameno Zambia. Their system draws energy from solar panels and takes an entire utility solution to rural users typically in a small village. Instead of selling energy by kilowatt hours Standard Microgrid uses a mathematical model to sell energy according to its use. There are different rates for lighting at night or to charge a phone during the day.
Standard Microgrid's top competitors include BioLite, ConnectDER and Fenix International.
Standard Microgrid offers Grid Management System, Microgrid Switch, and Microgrid Manager Mobile App.
Standard Microgrid has 1 investor. Key investors include European Union.