Tech Company Financing Transactions
SparkMeter Funding Round
Honeywell Venture Capital invested in a $5 million funding round for SparkMeter. The round was recorded on 11/30/2023.
Transaction Overview
Company Name
Announced On
11/30/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Honeywell Venture Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to transcend the small microgrid market and up into the larger global utility market. Under the partnership, Honeywell Smart Energy will provide its base of US utility customers with SparkMeter's integrated approach to cloud-based metering and operational analytics software and offer SparkMeter's metering hardware to large emerging market countries.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
1616 H St. NW
Washington, DC 20006
USA
Washington, DC 20006
USA
Phone
Undisclosed
Website
Email Address
Overview
SparkMeter offers comprehensive low-cost metering solutions for everything from rural micro-grids to existing urban central grid utilities. Our products help make access to electricity possible in hard-to-reach places and underserved markets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Schnitzer
Chief Financial Officer
Salman Ahmed
Chief Operating Officer
Arthur Jacquiau-Chamski
Co-Founder
Tristan Escalada
VP - Bus. Development
Benjamin Momat
VP - Bus. Development
Morayo Osiyemi
VP - Engineering
Nai Phasay
VP - Engineering
Jon Thacker
VP - Operations
Amar Lal
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