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.
- Website
- www.arkion.co/
- Email ID
- *****@arkion.co
Key Metrics
Founded Year
2019
Location
Stockholm, Sweden
Stage
Series A
Total Funding
$4M in 1 round
Latest Funding Round
Investors
Ranked
15th among 115 active competitors
Employee Count
44 as on Sep 30, 2026
Legal entities associated with Arkion
Arkion is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SkyQraft AB CIN: 559186-4482 , Sweden, Active | Dec 16, 2018 | - | - | - |
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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 |
View details of Arkion's funding rounds and investors
Arkion's founders and board of directors
Founder? Claim ProfileThe 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:
- Umar Chughtai: Co-Founder of Arkion and founder of 1 other company. Contact Info: 1 email address
- David Wickstrom: Co-Founder of Arkion. Contact Info: 1 email address
- David Almroth: Co-Founder of Arkion and founder of 1 other company. Contact Info: 1 email address
- Sakina Turabali: Co-founder / Chief Growth Officer of Arkion and founder of 1 other company. They are also an angel investor in 1 startup.
- Louise Gauffin: CEO of Arkion. Contact Info: 1 email address
View details of Arkion's Founder profiles and Board Members
Arkion's employee count trend
Arkion has 44 employees as of Sep 26. Here is Arkion's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Amperon 2017, New York City (United States), Series B | Provider of energy forecasting and analytics solutions for grid reliability | $30M | 58/100 | |
2nd | Exacter 2005, Columbus (United States), Series B | Provider of asset intelligence data analytics solutions | $16M | 53/100 | |
3rd | BluWave-ai 2017, Ottawa (Canada), Series A | Developer of artificial intelligence software for optimizing energy grid operations | $17.8M | 52/100 | |
4th | Vitria Technology 1994, Sunnyvale (United States), Funding Raised | Provider of AI-driven operations intelligence and automation platform for enterprises | - | 51/100 | |
5th | dLaboratory 2011, Lund (Sweden), Seed | Provider of power grid monitoring and analysis solutions using AI | $1.64M | 51/100 | |
6th | Stark 1981, Horley (United Kingdom), Funding Raised | Provider of data analytics solution and data logging equipment | - | 51/100 | |
7th | 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 | Sixth Energy Technologies 2003, Bengaluru (India), Unfunded | AI-enabled IoT platform for infrastructure monitoring and management | - | - | 44/100 |
9th | Grid Status 2023, Chicago (United States), Series A | Cloud based dashboard creation software for energy industry | $8M | 42/100 | |
10th | SpaceTime Insight 2008, San Mateo (United States), Acqui-Hired | Offering real time analytics solutions for data from varied sources | $54.6M | 42/100 | |
15th | AI-powered asset analytics solution for power grid | $4M | 39/100 |
Looking for more details on Arkion's competitors? Click here to see the top ones
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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Arkion and Energisa Partner for Grid Condition Assessments in BrazilCision•Apr 24, 2025•Arkion, Energisa
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Arkion Wins Contract with Elvia, Norway’s Largest Distribution Grid OperatorCision•Nov 21, 2024•Arkion, Elvia
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Arkion raises $4M for its energy infrastructure inspection platformTech.eu•Jul 12, 2024•Arkion, Subvenio Invest, Neptunia Invest, Antler and 1 other
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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
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Swedish startup that uses AI, drones to automate powerline inspections secures €1.8M fundingSilicon Canals•Jan 20, 2021•Arkion, Antler, Human Ventures
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