Companies in Smart Grid
There are 2,951 companies in Smart Grid which include OVO Energy, Husk Power Systems, Sense, Octopus Energy, Landis+Gyr. 1,081 companies in Smart Grid are funded, with 643 having secured Series A funding. Till date, the sector has seen the creation of 6 Unicorns. United States has the most number of companies in Smart Grid (842), followed by United Kingdom
(306), and then Germany (269).
2026 has seen the creation of 2 Smart Grid companies. On average, the last 10 years have seen 75 new companies launched every year. Most number of Smart Grid startups have been founded by alumni from Massachusetts Institute of Technology, Stanford University and Harvard University.
Here is a List of top companies in Smart Grid
1. OVO Energy
App-based power supplier from renewable energy sources. Users can create needs to log in to the website and select the kind of services required. Supplies electric power, biogas, and charging bundles for electric vehicles. Provides a vehicle module through which power stored in vehicles can be supplied to grid networks and can be controlled through the mobile application. Also provides heaters, energy storage systems, and smart electric meters. Customers can request a quote and pay the bill online. Its app is available for Android and iOS devices.
Key facts about OVO Energy
- Founded Year: 2009
- Location: Bristol (United Kingdom)
- Stage: Series D
- Total Funding till date: $516M
- Investors: Mitsubishi Corporation, Mayfair and 4 Others
- Latest Funding Round: Series D, Jul 21, 2023, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 1 of 10 Competitors
AI-powered distributed energy platform delivering clean, reliable power in Global South. The company powers prosperity by providing renewable electricity to unserved and underserved communities. It utilizes an AI-enabled distributed energy resources (DER) platform to serve communities, commercial & industrial (C&I) businesses, and individual households. It offers flexible “pay-as-you-go” options. The company's assets are grid interoperable, supporting national electrification efforts. The platform leverages artificial intelligence to optimize energy demand, maximize renewable energy mix, and enhance customer service. It focuses on clean energy, renewable energy, solar power, rural electrification, energy access, commercial and industrial solar, rural e-commerce, digital finance, distributed renewable energy, community solar, and solar minigrids.
Key facts about Husk Power Systems
- Founded Year: 2007
- Location: Fort Collins (United States)
- Stage: Series D
- Total Funding till date: $74.3M
- Investors: Shell, DFC and 18 Others
- Latest Funding Round: Conventional Debt, Sep 10, 2025, $*****
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 1 of 629 Competitors

3. Sense
Provider of AI and app-based energy monitoring solutions. Current sensors on the main breakers in the electric panel record electric device signature. These signatures are worked upon by device detecting algorithms that detect individual devices in the house. User can then visualize device usage and their energy consumption. Its app is available for Android and iOS devices.
Key facts about Sense
- Founded Year: 2013
- Location: Cambridge (United States)
- Stage: Series D
- Total Funding till date: $195M
- Investors: IDO Investments, Energy Impact Partners and 21 Others
- Latest Funding Round: Series D, Jan 27, 2026, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 6,777 Competitors
Provider of utility bill management platform. It provides account balance tracking, tracking smart meter usage, accounting, transaction and billing history, and more. The mobile application is available for Android and iOS users.
Key facts about Octopus Energy
- Founded Year: 2015
- Location: London (United Kingdom)
- Stage: Series F
- Total Funding till date: $1.96B
- Investors: Generation Investment Management, CPP Investments and 21 Others
- Latest Funding Round: Series F, Dec 30, 2025, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 3 of 459 Competitors
5. Landis+Gyr
Provider of advanced grid infrastructure, energy management, and smart metering solutions. The company delivers devices, communication networks, and software for electricity, gas, and water management. It offers solutions for digital energy management, flexible communications, and grid flexibility. Services include planning, deployment, security, operation, support, and analysis.
Key facts about Landis+Gyr
- Founded Year: 1896
- Location: Cham (Switzerland)
- Stage: Acquired
- Total Funding till date: $1.03B
- Investors: Hudson Clean Energy Partners, Triodos Investment Management and 3 Others
- Latest Funding Round: Grant (prize money), Apr 01, 2014, $*****
- Tracxn Score: 76/100 What is this?
- Competitors Rank: 2 of 8,283 Competitors

