OKTO GRID
Founded Year
2019Stage
Seed VC - II | AliveTotal Raised
$3.17MAbout OKTO GRID
OKTO GRID offers continuous transformer performance measurements that enable new methods for safely enabling controlled overloading of transformers. It develops solutions aimed at accelerating the energy transition to renewables by upgrading the existing electricity grids to smart grids. Its solution digitalizes legacy equipment on the electricity grid for wind, solar, and electric vehicles for digital grid infrastructure. The company was founded in 2019 and is based in Copenhagen, Denmark.
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Expert Collections containing OKTO GRID
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
OKTO GRID is included in 1 Expert Collection, including Grid and Utility.
Grid and Utility
958 items
This collection includes companies that are working on software and hardware to improve grids, utilizing new pricing models, and developing microgrids.
Latest OKTO GRID News
Jan 16, 2023
ABB is investing in Danish start-up Okto Grid to boost development of technology that will digitalize and extend the useful life of ageing electrical assets. Okto in Copenhagen has developed a pilot design that digitalizes electrical infrastructure to enable real-time, remote condition and performance monitoring to prolong their working life by another 40 years. Optimizing […] The post ABB backs Danish startup to upgrade old power grids appeared first on eeNews Europe.
OKTO GRID Frequently Asked Questions (FAQ)
When was OKTO GRID founded?
OKTO GRID was founded in 2019.
Where is OKTO GRID's headquarters?
OKTO GRID's headquarters is located at Gammel kongevej 11,3, Copenhagen.
What is OKTO GRID's latest funding round?
OKTO GRID's latest funding round is Seed VC - II.
How much did OKTO GRID raise?
OKTO GRID raised a total of $3.17M.
Who are the investors of OKTO GRID?
Investors of OKTO GRID include ABB Technology Ventures, Rockstart, Elewit Venture-Client Program, Power Syndicate, Vækstfonden and 4 more.
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