steama.co
steama.co is a climate tech company in Manchester, United Kingdom, founded in 2012. It has raised $5.0M across 2 rounds, most recently a Series C in December 2024.
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- Headquarters
- Manchester
- Employees
- 11–50
- Founded
- 2012
- Business Model
- B2B
- Website
- steama.co
- Total Funding
- $5.0M
- Last Round
- Series CDec 2024
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 3 investors for this company. The full record is or through the API.
About
SteamaCo is a UK-based IoT smart metering technology company founded in 2012, providing a scalable cloud-based platform for utilities and mini-grid operators to manage electricity sales, revenue collection, and loss detection. Its platform offers AI-driven theft detection, prepaid smart metering, payment automation, and end-to-end data visibility, enabling utilities to achieve up to 150% increases in revenue. With deployments across ten countries and over 55,000 meters sold, SteamaCo serves energy providers operating in challenging connectivity environments across Africa and Southeast Asia. The company was acquired by SHYFT Power Solutions in November 2024.
Summary
It lists 11–50 employees. It has raised $5.0M in total across 2 rounds, most recently a Series C round in Dec 2024. Investors include Shell, Praetura Ventures and KawiSafi Ventures.
Tech & App Stack
1 technology or app tracked
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Funding History
Dec 2024
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Funding: Series B through Series C. Amounts, valuations, and investors where available.
Investors
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