Bengaluru-based renewable energy intelligence company Smart Grid Analytics has raised $3.3 million (~₹289.75 million) in funding from strategic investors and clean energy veterans worldwide.

The funding will be used to develop technology to make renewable power projects more intelligent, efficient, and autonomous, enabling grids to meet and exceed renewable energy targets.

It will help with product deployment across 20 countries for solar, wind, hybrid, and battery energy storage system (BESS) projects.

The funding will also be used to accelerate its product innovation, team expansion, and international reach.

The company’s flagship platform, Solvyn, is an AI-driven energy management system that unifies generation, storage, and market operations under a single intelligent framework.

The platform integrates supervisory control and data acquisition, power plant controller, condition monitoring system, computerized maintenance management system, and digital twin technologies with automated utility response and allocation.

Its proprietary intelligent bidding engine optimizes energy trading and operational efficiency. It allows asset owners and operators to integrate renewable projects into the grid and gain real-time visibility into performance and reliability.

Smart Grid Analytics said its platform reduces operational downtime and inefficiencies. It also provides for intelligent forecasting, trading, and dispatching of energy. It also maximizes project revenues and extends asset lifespans.

The company’s next chapter will focus on advancing its AI and digital twin stack for predictive control, lifecycle management, and distributed energy orchestration. It also plans to develop domain AI agents to automate analysis, scheduling, bidding, and field workflows.

Smart Grid has completed more than 400 projects and integrated more than 85 GW of projects.

According to Mercom Capital Group’s 1H and Q2 2025 Funding and M&A Report for Smart Grid, corporate funding for global smart grid companies in the first half of 2025 totaled $1.4 billion across 48 deals. This represents a 13% decline from the $1.6 billion raised across 36 deals during the same period in 2024.