ABB has led a series B round for Enbala that also featured GE and National Grid.

ABB Technology Ventures, the corporate venturing division of conglomerate ABB Group, has led a $12m series B round for Enbala, a Canada-based smart grid technology.

GE Ventures, the investment unit of conglomerate General Electric, and utility National Grid also took part, as did Chrysalix Venture Capital and Obvious Ventures.

Enbala has developed technology to capture and analyse data on power consumption across a grid which is then used to automatically allocate resources to the areas where they are needed in…