Schneider Electric has been joined by Landis+Gyr, MKB and IDO Investments for a $10m series B extension that boosted the home energy monitoring platform's total funding to $50m.
US-based household energy monitor developer Sense increased its series B round to $30m yesterday following an extension that included industrial group Schneider Electric and smart energy product maker Landis+Gyr.
The $10m extension was co-led by merchant bank MacKinnon, Bennett & Co (MKB) and IDO Investments, the venture capital vehicle owned by the government of Oman.
Schneider Electric led the $18m first tranche in October 2018, investing alongside Shell Ventures, a corporate venturing subsidiary of oil and gas supplier Shell,…
