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DateInvestorsAmountRound
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N/A

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$560k

Seed

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Seed

$5.7m

Early VC

$10.0k

Grant
Total Funding€5.7m

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GridComm PLC specializes in smart city solutions by integrating networked street lights and IoT sensors over a city's power lines. The company provides a comprehensive smart lighting solution that connects sensors capable of instant communication, enabling cities to monitor weather, pollution, traffic, and more. This technology significantly reduces electricity and maintenance costs, with intelligent lighting operations alone capable of cutting a city's annual electricity consumption by up to 40%. GridComm operates in the smart city market, serving municipal governments and urban planners looking to upgrade infrastructure. The business model revolves around selling and maintaining smart lighting systems and IoT sensors, generating revenue through hardware sales, software licensing, and ongoing service contracts. By partnering with other technology providers, GridComm ensures secure and efficient connectivity for street lights and smart city sensors, addressing inefficiencies in urban infrastructure management.

Keywords: smart cities, networked street lights, IoT sensors, power line communication, urban infrastructure, electricity savings, maintenance cost reduction, municipal governments, intelligent lighting, infrastructure upgrade.

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