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Smarter Grid Solutions

Founded in 2008 and originating from the world-renowned Institute for Energy and Environment at the University of Strathclyde, Smarter Grid Solutions (SGS) develops and deploys active network management technology for the smart-grid market. 

The company’s real-time grid management software offers power companies affordable ways to manage electricity network congestion issues at a local, regional or national level and cope with increasing volumes of low-carbon generation and demand. Its partners include Siemens, Silver Spring Networks, SSE, Alstom, Con Edison and National Grid. 

With offices in Glasgow, London and New York, SGS has seen constant growth. It opened its office in New York in 2013 and is already an active contributor to the development of the smart grid in many parts of the USA. 

Following seed funding in 2008 from SSE Ventures and Scottish Investment Bank, SSE sold the business as part of package of nine portfolio companies to Scottish Equity Partners (SEP) in 2011.

Venture capital impact

  • GROWN A TECHNOLOGY PIONEER INTO A GLOBAL LEADER

  • SECURED NEW PROJECTS WITH SSE, UK POWER NETWORKS, SCOTTISH POWER, WESTERN POWER DISTRIBUTION, NORTHERN POWERGRID

  • EXPANDED INTO US MARKET

  • AGREED FIRST NORTH AMERICAN CONTRACTS WITH CON EDISON AND SOUTHERN COMPANY

  • OPENED NEW GLASGOW HEADQUARTERS

  • AWARD - NAMED IN THE 2015 GLOBAL CLEANTECH 100 ONES TO WATCH LIST PRODUCED BY CLEANTECH GROUP

  • AWARD - BEST SMART GRID INNOVATION AT THE UK ENERGY INNOVATION AWARDS 2014

Achievements

WINNER OF THE BVCA MANAGEMENT TEAM AWARDS 2014 AND 2015

  • BEST FOR INNOVATION - SCOTLAND

Smarter-Grid-Soltions



Location
Glasgow

Backers 
SSE Ventures: 2008 - 2011
Scottish Investment Bank: 2008 - present
SEP: 2011 - present