tracxn report : smart grid - SLIDEBLAST.COM
TRACXN REPORT : SMART GRID May 2016
Tracxn World’s Largest Start-up Research Platform
2 Smart Grid, May 2016
Contents Topic
Page
Sectors We Track
04
Overview
06
Tracxn BlueBox
20
Company List
23
Team
82
3 Smart Grid, May 2016
Illustrative Sectors We Track ENTERPRISE INFRASTRUCTURE
ENERGY
MOBILE
ENTERPRISE APPLICATIONS
SECURITY
SOLAR ENERGY
MOBILE COMMERCE
SAAS
STORAGE
WIND ENERGY
MOBILE PAYMENTS
MOBILE-FIRST ENT. APPS
NETWORKING
BIOENERGY
MOBILE MARKETING
INTELLIGENT ENT. APPS
MOBILITY
ENERGY STORAGE
MOBILE DEV TOOLS
OPEN SOURCE
IT OPS
ENERGY EFFICIENCY
MOBILE HEALTH
RETAIL TECH
CLOUD INFRASTRUCTURE
ELECTRIC VEHICLES
MOBILE GAMING
MARKETING TECH
API MANAGEMENT
SMART GRID
MOBILE LEARNING
STEALTH MODE
BIGDATA INFRASTRUCTURE
FUEL CELLS
MOBILE COMMUNICATION
VERTICAL SAAS
CONSUMER
FINTECH
EDUCATION
HEALTHCARE
FOOD TECH
BITCOIN
EDUCATION IT
LIFE SCIENCES
SECOND HAND GOODS
PAYMENTS
SELF LEARNING
DIGITAL HEALTH
4 Smart Grid, May 2016
Evolution of Smart Grid Most of the grids across the globe were facing ageing infrastrcture with no innovation and upgrades till 1990. Electricity became the most important part of human life and any sudden failure in the grid can create chaos. After 9/11 attacks, companies are concerned about the security involved and thought of improving the grid infrastructure. With the advent of communications, networking technologies and IIoT, grids started getting connected with more information.
Till Analog meters meters 1. Analog Isolated Grids 1990 2. Isolated Grids
5 Smart Grid, May 2016
Utility Technology 1990 Provider 1. Analog meters T&D Automation 2. Isolated Connected Grids Grids 2000 Networks Digital Meters
Meter Data Management New Widen Networks Communication Systems 2000 1. Analog meters Demand Response 2. Isolated Grids Microgrids 2010 Smart meters Data and Statistical analysis
Big Data Analytics Integration of 2010 Renewable Energy 1. Analog meters Automated Controls 2. Isolated Grids2016 Sensors Thermostats
Sector Overview Scope of report This report covers companies providing smart and secured solutions for improving electricity grid. These companies include Advanced Metering Infrastructure (AMI), T&D Management, utility services, data analytics and microgrid companies. Companies that enable demand management and utilization of generated electricity at residential and commercial spaces are also in the purview of this report. Data analytics companies covering demand response, customer engagement and forecasting are included in this report. Power and distribution giants like General Electric, Schneider Electric and Siemens are excluded from the scope of the report. However, large companies that have presence mainly into the smart grid like Eaton, Elster, Itron are included in the report.
Total $3.1B in funding across ~250 Companies with $1.37B invested since 2011. 2015 received the highest funding in the past five years ~412M with least number of deals. Nearly 60% of the companies got funded of which 50% got funding >$5M. • 35 acquisition in the Smart Grid field in last 10 years • Most active funding segment - Data Analytics and AMI Most active funds
• • • • •
Enertech Capital – (Current Group, EnergySavvy, EnergySavvy, Enbala Power Networks, Space-Time Insight) Foundation Capital – (Silver Spring Networks, eMeter, EnerNOC, Autogrid, Sentient Energy) Intel Capital – (Nexant, Sigfox, Viridity Energy, WebRadar, Grid Net) RockPort Capital – (FirstFuel Software, Comverge, Eka Systems, Gridco Systems, EcoFactor) Siemens Venture Capital – (Tendril, eMeter, SmartSynch, BPL Global, Power Plus Communications)
Bramer Energy Ventures, Nth Power and Surge Ventures also made significant investments in Smart Grid sector 6 Smart Grid, May 2016
The highest funding was in the year 2015 YoY Funding (2011-16) 450
• Funding in the past five years amassed more than 30% of total investment in SmartGrid sector. Total funding decreased in the past five years when compared to 2006-10 period.
50 $413M
42
44
38
37
$278M 270
$238M
$224M
40
$227M
30
32
180
20
2016
Origami Energy $20M mPrest $20M
• Data Analytics and AMI companies received highest funding and Microgrids gained traction during this period.
10
8 0
0 2011
Notable rounds
SmartSynch $25M GridPoint $24M
2012
SilverSpring $30M Tendril $25M
7 Smart Grid, May 2016
2013
2014
Funding
No. of Rounds
Ingenu $31M PowerSecure $25M
Ingenu $39M GridPoint $22M
2015
Sigfox $115M Younicos $50M
• The funding in SmartGrid sector has been relatively constant from 2011 with highest in 2015. • With least number of rounds of investments, 2015 has received highest funding compared to the past 4 years. Major investments include those of Sigfox, Younicos and Stem.
$74M
90
No of Rounds
Funding Amount (in Millions)
360
To receive the full 82 page report, write to us at [email protected]
8 Smart Grid, May 2016
Team
9 Smart Grid, May 2016
Sai Krishna
Abhyudai Gupta
Senior Analyst, Energy
Lead Analyst, Energy
Tracxn World’s Largest Start-up Research Platform
2 Smart Grid, May 2016
Contents Topic
Page
Sectors We Track
04
Overview
06
Tracxn BlueBox
20
Company List
23
Team
82
3 Smart Grid, May 2016
Illustrative Sectors We Track ENTERPRISE INFRASTRUCTURE
ENERGY
MOBILE
ENTERPRISE APPLICATIONS
SECURITY
SOLAR ENERGY
MOBILE COMMERCE
SAAS
STORAGE
WIND ENERGY
MOBILE PAYMENTS
MOBILE-FIRST ENT. APPS
NETWORKING
BIOENERGY
MOBILE MARKETING
INTELLIGENT ENT. APPS
MOBILITY
ENERGY STORAGE
MOBILE DEV TOOLS
OPEN SOURCE
IT OPS
ENERGY EFFICIENCY
MOBILE HEALTH
RETAIL TECH
CLOUD INFRASTRUCTURE
ELECTRIC VEHICLES
MOBILE GAMING
MARKETING TECH
API MANAGEMENT
SMART GRID
MOBILE LEARNING
STEALTH MODE
BIGDATA INFRASTRUCTURE
FUEL CELLS
MOBILE COMMUNICATION
VERTICAL SAAS
CONSUMER
FINTECH
EDUCATION
HEALTHCARE
FOOD TECH
BITCOIN
EDUCATION IT
LIFE SCIENCES
SECOND HAND GOODS
PAYMENTS
SELF LEARNING
DIGITAL HEALTH
4 Smart Grid, May 2016
Evolution of Smart Grid Most of the grids across the globe were facing ageing infrastrcture with no innovation and upgrades till 1990. Electricity became the most important part of human life and any sudden failure in the grid can create chaos. After 9/11 attacks, companies are concerned about the security involved and thought of improving the grid infrastructure. With the advent of communications, networking technologies and IIoT, grids started getting connected with more information.
Till Analog meters meters 1. Analog Isolated Grids 1990 2. Isolated Grids
5 Smart Grid, May 2016
Utility Technology 1990 Provider 1. Analog meters T&D Automation 2. Isolated Connected Grids Grids 2000 Networks Digital Meters
Meter Data Management New Widen Networks Communication Systems 2000 1. Analog meters Demand Response 2. Isolated Grids Microgrids 2010 Smart meters Data and Statistical analysis
Big Data Analytics Integration of 2010 Renewable Energy 1. Analog meters Automated Controls 2. Isolated Grids2016 Sensors Thermostats
Sector Overview Scope of report This report covers companies providing smart and secured solutions for improving electricity grid. These companies include Advanced Metering Infrastructure (AMI), T&D Management, utility services, data analytics and microgrid companies. Companies that enable demand management and utilization of generated electricity at residential and commercial spaces are also in the purview of this report. Data analytics companies covering demand response, customer engagement and forecasting are included in this report. Power and distribution giants like General Electric, Schneider Electric and Siemens are excluded from the scope of the report. However, large companies that have presence mainly into the smart grid like Eaton, Elster, Itron are included in the report.
Total $3.1B in funding across ~250 Companies with $1.37B invested since 2011. 2015 received the highest funding in the past five years ~412M with least number of deals. Nearly 60% of the companies got funded of which 50% got funding >$5M. • 35 acquisition in the Smart Grid field in last 10 years • Most active funding segment - Data Analytics and AMI Most active funds
• • • • •
Enertech Capital – (Current Group, EnergySavvy, EnergySavvy, Enbala Power Networks, Space-Time Insight) Foundation Capital – (Silver Spring Networks, eMeter, EnerNOC, Autogrid, Sentient Energy) Intel Capital – (Nexant, Sigfox, Viridity Energy, WebRadar, Grid Net) RockPort Capital – (FirstFuel Software, Comverge, Eka Systems, Gridco Systems, EcoFactor) Siemens Venture Capital – (Tendril, eMeter, SmartSynch, BPL Global, Power Plus Communications)
Bramer Energy Ventures, Nth Power and Surge Ventures also made significant investments in Smart Grid sector 6 Smart Grid, May 2016
The highest funding was in the year 2015 YoY Funding (2011-16) 450
• Funding in the past five years amassed more than 30% of total investment in SmartGrid sector. Total funding decreased in the past five years when compared to 2006-10 period.
50 $413M
42
44
38
37
$278M 270
$238M
$224M
40
$227M
30
32
180
20
2016
Origami Energy $20M mPrest $20M
• Data Analytics and AMI companies received highest funding and Microgrids gained traction during this period.
10
8 0
0 2011
Notable rounds
SmartSynch $25M GridPoint $24M
2012
SilverSpring $30M Tendril $25M
7 Smart Grid, May 2016
2013
2014
Funding
No. of Rounds
Ingenu $31M PowerSecure $25M
Ingenu $39M GridPoint $22M
2015
Sigfox $115M Younicos $50M
• The funding in SmartGrid sector has been relatively constant from 2011 with highest in 2015. • With least number of rounds of investments, 2015 has received highest funding compared to the past 4 years. Major investments include those of Sigfox, Younicos and Stem.
$74M
90
No of Rounds
Funding Amount (in Millions)
360
To receive the full 82 page report, write to us at [email protected]
8 Smart Grid, May 2016
Team
9 Smart Grid, May 2016
Sai Krishna
Abhyudai Gupta
Senior Analyst, Energy
Lead Analyst, Energy
