GridON
Fault Current Limiter
Startup Mature Energy Tech Est. 2009
Total Raised
$9.18M
Mature
Last Round
$378.5K
4 rounds
Team
3
1-10 employees
Confidence
97/100
News
3
articles
Patents
1
About
GridON offers a commercial, saturated, core-based fault current limiter (FCL) to suppress damaging fault currents on distribution and transmission grids for uninterrupted operation and network stability. By removing fault current constraints, GridON enables increased supply, connection of renewable and distributed generation, and grid interconnectivity without costly network upgrades. The companys commercially available FCL can lower capital expenditures and operating costs and extend the useful life of existing network assets.
Classification
Sector
Climate TechEnergy TransitionEco-Efficient Transmission and DistributionEnergy TechEnergy Management & Grid Integration
Core Technology
Semiconductors & Electronics
Target Customer
Energy, Utilities & Waste ManagementUtilitiesElectricity
Business Model
B2B
Tags
smart-gridenergypower-gridsclimate-techelectric-utilities
Funding & Events
Nov 2010
Non-equity $100K
General Electric
Jun 2021
Non-equity $378.5K
Jul 2017
Non-equity $1.7M
EU Horizon 2020
Jul 2011
Non-equity $7M
Energy Technologies Institute
News (3)
Jun 19, 2013 · www.sciencebusiness.net
growth-positive
GridON's breakthrough commercial Fault Current Limiter is in service at a UK Power Networks substation
CustomersPartners
Aug 28, 2011 · www.israel21c.org
growth-positive
Israel's GridOn keeps the lights burning
CustomersPartners
Nov 16, 2010 · techcrunch.com
growth-positive
GE Invests In Makers Of Solar-Powered Air Conditioners, And Eleven Others
InvestmentPartners
Details
Product Stage
Released
Employees
1-10
Exact Count
5
District
Center District
Founded
2009
Registrar
514314368
Crunchbase
gridon
Locations
Tfutsot Yisra'el St 5, Givatayim, Israel
Links
Website
LinkedIn
Careers
Admin
Last Update
Aug 7, 2023
Verified by
Yamila Silbert
Claimed
Yes
Missing
funding rounds, markets
Team (3)
Yoram Valent
Co-founder & CEO
Founder
Roy Iscovitsch
Co-founder & President
Founder
Uri Garbi
VP R&D
Internal
Created by
Rebecca Mack (rebeccamack26@gmail.com)
Created
2014-07-14T00:00:00.000Z
Last editor
Maor Perlov (maor.perlov@sncentral.org)