The round was led by Junction Growth Investors and Santander Alternative Investments. Long-standing investor Korys also increased its stake, with additional participation from HCapital and Eneida’s founders.
The Series B financing marks a pivotal milestone for Eneida. With this capital infusion, the company is well-positioned to strengthen its leadership in low-voltage network operational analytics and expand into new markets. The funding will also support Eneida’s mission to create sustainable, emission-free communities worldwide through its ZEN initiative.
Eneida’s growth over recent years highlights its technological prowess. The company addresses challenges faced by grid operators and new energy players by providing situational awareness, detecting and locating events and anomalies, and enabling optimization and control of the low-voltage grid without costly infrastructure upgrades. This approach supports the rapid adoption of distributed energy assets such as solar panels, EV chargers, behind-the-meter batteries, and heat pumps, promoting economic efficiency and high-quality energy solutions.
Eneida’s operational analytics platform, eneida DeepGrid®, integrates smart sensor networks with data analytics and features an open, modular, and interoperable architecture. Clients can deploy the entire solution or individual modules, tailoring it to their operational needs for optimal low-voltage network management.