Total Energy Ventures helped the utility-scale energy meter provider close a round that will support the launch of its latest software product.
US-based grid management technology provider SparkMeter completed a $12m series A round on Tuesday featuring oil and gas supplier Total’s corporate venturing subsidiary, Total Energy Ventures.
The round was co-led by venture capital firm Clean Energy Ventures and energy tech-focused fund Breakthrough Energy Ventures, and included Goodwell Investments, Alitheia Capital and undisclosed additional investors.
Founded in 2013, SparkMeter produces connected smart meters and software that help energy utilities in emerging markets maintain a stable service by providing insights into power…
