Affordable AI-based State Estimation for Distribution Grids
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Aachen
State: Nordrhein-Westfalen
Zip:
Country: Germany
Gridhound has developed an innovative software solution for power distribution system operators (DSO) that can learn, monitor and predict, the behavior of power distribution systems even in real-time. Gridhound’s proprietary solution is based on patent pending machine learning algorithms that originate from the Institute for Automation of Complex Power Systems at RWTH Aachen University. The Artificial-Neural-Networks-based system provides grid state estimation and monitoring functions. It has a significantly better performance and up to 50% lower cost of ownership than traditional solutions. Moreover, Gridhound’s software allows improving the grid’s transport capacity thus avoiding expensive grid extension.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2017 | Seed Round | 1 | - |
Agile Accelerator Agile Accelerator |
5/2019 | Seed Round | - | 5/2019 | Seed Round | - | 8/2017 | Seed Round | 1 | - |
Agile Accelerator Agile Accelerator |
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