Rockwell Automation and existing investor ABB Technology Ventures contributed to a $17.8m round that hiked the digital circuit breaker developer's overall funding to $23m.
US-based smart circuit breaker developer Atom Power has secured $17.8m in a series B round that included manufacturing technology producer Rockwell Automation and power and automation equipment producer ABB.
Investment firm Valor Equity Partners and hedge fund Atreides Management also participated in the round, while ABB invested through corporate venturing unit ABB Technology Ventures. The company said its total funding now stands at $23m.
Atom has created a digital circuit breaker equipped with software that can connect an unlimited number…
