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Splight is a technology company founded in 2021 that develops and deploys a software-based digital platform to increase transmission capacity and enhance reliability of electrical grids. Their…

Splight is a technology company founded in 2021 that develops and deploys a software-based digital platform to increase transmission capacity and enhance reliability of electrical grids. Their…
Founded: 2020 or 2021 (sources differ)
Product: AI/ML software to increase transmission capacity and reduce grid congestion
Business model: Primarily SaaS
Geographic presence: U.S. and Chile
Reported total funding: USD 13.7M (company snapshot) and a reported $12M round
Transmission owners, renewable generators, system operators
Electrical grid congestion, limited transmission capacity, renewable curtailment, grid reliability
Energy / Grid software
$12 million
Aug 2024 round reported with participation from EDP Ventures, Elewit, Draper Cygnus, Draper B1, Ascent Energy Ventures, Fen Ventures, Reaction Global, Barn Investments, and others.
$12 million (reported)
Dealroom coverage reports Elewit participation in a $12M round.
“Blue Bear Capital and Zoma Capital are listed among investors in Crunchbase”
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