Smart Wires Inc. Secures $65 Million in Funding to Revolutionize Global Grid Solutions

Smart Wires Inc., a pioneering leader in grid enhancing technology and services, has successfully raised an impressive $65 million in its latest funding round. This strategic injection of capital is set to propel the company even further in its mission to help electric utilities unlock capacity and address critical grid challenges. As our world faces heightened electricity demand and the urgent need for clean energy solutions, Smart Wires stands at the forefront, committed to creating a more flexible, reliable, and affordable energy grid. Headquartered in the Research Triangle of North Carolina, Smart Wires boasts a global team of passionate experts from across four continents, all dedicated to transforming grids worldwide. With the funds raised, the company aims to enhance its innovative solutions further, supporting the integration of 3.5 Gigawatts of capacity—enough to power over 2.5 million homes—while contributing to a sustainable energy future. This funding will provide the necessary resources to advance research and development initiatives, extend customer outreach, and bolster partnerships that can fast-track the adoption of clean energy sources. Smart Wires Inc. is not just reimagining the grid; it is laying the groundwork for a net zero future, driving significant cost savings for consumers, enhancing security of supply, and delivering impactful results for communities worldwide. As the clean energy landscape continues to evolve, Smart Wires is well-positioned to lead the charge, unlocking the potential of tomorrow’s grid, today.