What is Exeri?
Founded in Luleå in 2009, Exeri specializes in providing a turnkey system known as Smart Grid Surveillance. This innovative solution is designed to enhance the reliability of overhead power distribution networks through real-time monitoring and efficient maintenance strategies. By enabling electric companies and network owners to quickly identify and address power outages, Exeri plays a crucial role in modernizing critical infrastructure. The company's commitment to innovation and collaboration positions it as a key partner in the ongoing digitalization of the energy sector.
How much funding has Exeri raised?
Exeri has raised a total of $6M across 1 funding round:
Stock Offering
$6M
Stock Issuance/Offering (2021): $6M with participation from Treac, Brightly Ventures, and Industrifonden
Key Investors in Exeri
Treac
Treac is an investor participating in Exeri's funding round, with their specific investment focus not detailed.
Brightly Ventures
Brightly Ventures is an investment firm that supports bold founders aiming to transform industries and create positive change, focusing on Nordic game changers and fostering innovation.
Industrifonden
Industrifonden is a Swedish venture capital fund that invests in unique, scalable innovations aimed at improving society through breakthrough technologies and science, with a focus on deep tech and transformative ventures.
What's next for Exeri?
The recent major strategic investment indicates Exeri is likely in a scaling phase, focusing on expanding its market reach and further developing its Smart Grid Surveillance technology. This capital infusion will enable the company to enhance its operational capabilities, potentially invest in research and development for next-generation grid management solutions, and strengthen its partnerships within the energy industry. Exeri's trajectory suggests a continued focus on improving grid resilience and efficiency through advanced digital solutions.
See full Exeri company page
