NewGrid Inc
NewGrid is a Developer of a decision support software for electric power transmission system operators.
Business Model:
Revenue: $0
Employees: 1-10
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Detailed NewGrid Inc Information
Geographic Data
Address: 75 Park Plaza Fourth Floor
City: Boston
State: MA
Zip: 02116
Country: US
Financial Info
Stage:
grant
Raised Last:
$250k
Raised Total:$755k
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0Website Global Rank
0Website Monthly Traffic
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Description
NewGrid is a software firm in the utilities industry, focused on the development and commercialization of topology optimization technologies. NewGrid’s software supports power operations and operations planning decision making including outage scheduling and coordination, seasonal contingency planning, remedial action plan and operating guide (Op. Guide) development, and congestion management. Our team is made of engineers, researchers, software developers and economists with years of experience in power systems and markets analysis and design. NewGrid’s founders are thought-leaders in the applications of topology optimization technology to power system operations. With DOE ARPA-E support, they led the first team to ever produce security-constrained topology re-configurations on large-scale RTO systems automatically, with short calculation times acceptable to system operators.
Contact Phone:
+12177667602
Contact Email:
| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2016 | Grant | 1 | $100k |
MassVentures MassVentures |
3/2016 | Grant | 2 | $40k |
Massachusetts Clean Energy Center MassVentures Massachusetts Clean Energy Center MassVentures |
8/2016 | Grant | 2 | $140k |
Massachusetts Clean Energy Center MassVentures Massachusetts Clean Energy Center MassVentures |
12/2016 | Grant | 1 | $225k |
National Science Foundation National Science Foundation |
8/2021 | Grant | 1 | $250k |
Massachusetts Clean Energy Center Massachusetts Clean Energy Center |
|---|
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