Splight, an AI startup at the forefront of grid operations technologies, today announced the completion of its seed funding round. The $12M round was led by noa (formerly A/O) and joined by EDP Ventures, Elewit, Draper Cygnus, Draper B1, Ascent Energy Ventures, Fen Ventures, Reaction Global, Barn Investments, and the UC Berkeley Foundation, among others.
Red Eléctrica has developed a project with the cybersecurity startup Radiflow leveraging the technology offered by its industrial threat detection and management platform iSID. This anomaly detection and OT (Operational Technology) visibility suite allows improving the security of industrial networks through a complete visualization of the network, threat detection and management of communication policies between devices.
Elewit decided to invest through its corporate venture capital (CVC) in HESStec because of its innovative character addressing the main challenges of the new energy model, focused on decarbonization, renewable energies, energy efficiency, storage, sustainable mobility and circular economy.
Elewit, Redeia-s technology platform, is always searching for disruptive solutions to impact the energy and telecommunications sectors. As drivers of change and catalysts of innovation, they invest through their Corporate Venture Capital in early-stage startups with strategic impact on the group.