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Safegrid develops smart grid systems to locate, predict and prevent power grid faults.
Espoo-based Safegrid develops smart grid systems and cloud-based analytics for monitoring grid performance and locating faults. Its tools provide alerts that support preventative maintenance and reduce ownership costs. In December 2022, the company raised EUR 5.7 million in venture funding led by Ajanta LLP, with participation from Finnish Industry Investment Tesi and Grid.vc, to support expansion in the US and EU.
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