Smart Wires

We help electric utilities to unlock capacity

Research Triangle Park, United States · Founded 2010 · $140.0M raised

Employees
51–200
Founded
2010
Business Model
B2B
Total Funding
$140.0M
Last Round
$65.0M Growth EquityJan 2025
Rounds
2

About

Smart Wires helps electric utilities increase usable transmission capacity and improve reliability using grid-enhancing technologies. Its SmartValve advanced power flow control devices give grid operators direct, real-time control over how power flows across their network, delivering firm, controllable capacity on existing infrastructure in 12 to 18 months. SUMO network-wide dynamic line rating software identifies spare capacity above static thermal limits, and Analytics provides interconnection and planning advisory services. Headquartered in Research Triangle Park, North Carolina, Smart Wires has deployed solutions with operators across Europe, the Americas, and Australia, unlocking more than 5 GW of firm capacity in 15+ countries.

Summary

Smart Wires is a Clean Tech company based in Research Triangle Park, United States, founded in 2010. It has raised $140.0M in total across 2 rounds, most recently a $65.0M Growth Equity round in Jan 2025. Investors include Keystone Capital Partners.

Tech & App Stack

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Funding History

Growth EquityGrowth CapitalJan 2025
$65.0M

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Venture Round through Growth Equity — per-round amounts, valuations, and who invested in each round.

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