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Arkion - About the company

Arkion is a series A company based in Stockholm (Sweden), founded in 2019 by Umar Chughtai, David Wickstrom, David Almroth and Sakina Turabali. It operates as an AI-powered asset analytics solution for power grid. Arkion has raised $4M in funding from Subvenio Invest. The company has 115 active competitors, including 27 funded and 12 that have exited. Its top competitors include companies like Amperon, Exacter and BluWave-ai.

Company Details

AI-powered asset analytics solution for power grid. It is a web-based analytics platform that delivers decision intelligence from overhead line inspections. It assess every component, analyze every asset, and helps you take control of your whole power ecosystem.
Email ID
*****@arkion.co
Key Metrics
Founded Year
2019
Location
Stockholm, Sweden
Stage
Series A
Total Funding
$4M in 1 round
Latest Funding Round
Ranked
Employee Count
44 as on Sep 30, 2026
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Arkion's funding and investors

Arkion has raised a total funding of $4M over 1 round. Its latest funding round was a Series A round on Jul 11, 2024 for $*****. 3 investors participated in its latest round. Arkion has 5 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Arkion:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 11, 2024
3665543
Series A
6838968
4776785
2544113
7975258
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Arkion's founders and board of directors

Founder? Claim Profile
The founders of Arkion are Umar Chughtai, David Wickstrom, David Almroth and Sakina Turabali. Louise Gauffin is the CEO of Arkion.
Here are the details of Arkion's key team members:

Arkion's employee count trend

Arkion has 44 employees as of Sep 26. Here is Arkion's employee count trend over the years:
Employee count trend for Arkion
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Arkion's Competitors and alternates

Top competitors of Arkion include Amperon, Exacter and BluWave-ai. Here is the list of Top 10 competitors of Arkion, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Amperon
Amperon
2017, New York City (United States), Series B
Provider of energy forecasting and analytics solutions for grid reliability
$30M
58/100
2nd
Logo for Exacter
Exacter
2005, Columbus (United States), Series B
Provider of asset intelligence data analytics solutions
$16M
53/100
3rd
Logo for BluWave-ai
BluWave-ai
2017, Ottawa (Canada), Series A
Developer of artificial intelligence software for optimizing energy grid operations
$17.8M
52/100
4th
Logo for Vitria Technology
Vitria Technology
1994, Sunnyvale (United States), Funding Raised
Provider of AI-driven operations intelligence and automation platform for enterprises
-
51/100
5th
Logo for dLaboratory
dLaboratory
2011, Lund (Sweden), Seed
Provider of power grid monitoring and analysis solutions using AI
$1.64M
51/100
6th
Logo for Stark
Stark
1981, Horley (United Kingdom), Funding Raised
Provider of data analytics solution and data logging equipment
-
51/100
7th
Logo for HAKOM
HAKOM
1991, Vienna (Austria), Acquired
Provider of time series management software and services. It develops and offers software solutions for the analysis, prediction, and visualization of time series data. The company also provides professional services and support for its software, including cloud-based and on-premises options. Its technology is designed for scalability and interoperability with various data sources and formats. The focus is on enabling clients to derive actionable insights from their time series data.
-
46/100
8th
Logo for Sixth Energy Technologies
Sixth Energy Technologies
2003, Bengaluru (India), Unfunded
AI-enabled IoT platform for infrastructure monitoring and management
-
-
44/100
9th
Logo for Grid Status
Grid Status
2023, Chicago (United States), Series A
Cloud based dashboard creation software for energy industry
$8M
42/100
10th
Logo for SpaceTime Insight
SpaceTime Insight
2008, San Mateo (United States), Acqui-Hired
Offering real time analytics solutions for data from varied sources
$54.6M
42/100
15th
Logo for Arkion
Arkion
2019, Stockholm (Sweden), Series A
AI-powered asset analytics solution for power grid
$4M
39/100
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Arkion's Investments and acquisitions

Arkion has made no investments or acquisitions yet.

Reports related to Arkion

Here is the latest report on Arkion's sector:

News related to Arkion

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•
Skyqraft Secures $3.8 Million in FundingThe SaaS News•Sep 18, 2023•Arkion, Antler, Neptunia Invest, Subvenio Invest and 1 other
•
Skyqraft announces new CEOSkyqraft•Mar 29, 2022•Arkion
•
Skyqraft: The Swedish start-up taking AI to the skiesSilicon Republic•Feb 08, 2021•Arkion
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