Enbala, a Canada-based smart grid technology developer backed by conglomerate General Electric (GE) and electricity provider Edison Energy, received $3m from venture capital firm Obvious Ventures yesterday.
Enbala’s technology captures and analyses data on consumption across a power grid and automatically dispatches resources to where they are needed most in real-time.
The money will support further development of the technology, and follows an $11m series C round raised in March 2015 from investors including GE’s corporate venturing arm GE Ventures…
