Best Smart Grid Companies in Sweden
The 41 best Smart Grid companies in Sweden in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Polarium.
- Smart Meter Market Expected to Reach $29.8 Billion by 2026
- Smart grid demand to drive transmission investment to $573.7bn
- [Latest] Global Smart Grid Market Size/Share Worth USD 185.6 Billion b
Ranked: Best Smart Grid companies in Sweden
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Polarium 🦄 Developer of battery management systems and energy storage hardware solutions | $274M | 23 mo ago | 550 | Stefan Jansson Founder | WordPressApple iCloud MailMicrosoft 365+32 | — | 1 partnership |
| 2 | Fever Energy Provider of a virtual power plant platform | $12M | 30 mo ago | 8 | Ruben Flam Co-Founder & CMO | TurbopackNode.jsHeadless UI+20 | — | — |
| 3 | Plexigrid Provider of software solutions for efficient management of electricity distribution networks | $12M | 30 mo ago | 28 | Alberto Méndez Rebollo Chief Executive Officer | WordPressMySQLPHP+31 | — | 1 expansion |
| 4 | Comsys Provider of power grid and energy based services to multiple industry | $6M | 256 mo ago | 35 | Marianne Sernevi CEO | WordPressMySQLPHP+23 | 48 patents Active power filters for resonance and harmonic mitigation in electrical power systems | — |
| 5 | Blixt Developer of programmable power infrastructure for electrical distribution systems | $5M | 29 mo ago | 8 | Jan Johansson Co-Founder | Cart FunctionalityWordPressMySQL+30 | — | 1 partnership |
| 6 | Watty Energy usage data analytics for smart homes and buildings | $4M | 121 mo ago | 11 | — | — | — | — |
| 7 | Arkion AI-powered asset analytics solution for power grid | $4M | 25 mo ago | — | David Wickstrom Co-Founder | WebflowSalesforceAmazon Web Services+18 | — | — |
| 8 | Qurrent Provider of energy solutions for energy grid and their utility | $4M | 13 mo ago | — | Mats Lindelow Co-Founder & CEO | WebflowUnpkgcdnjs+5 | — | 1 launch |
| 9 | Utilifeed Provider of AI-powered SaaS platform for district heating optimization. | $2M | 59 mo ago | 27 | Samuel Jansson Founder & CEO | — | — | — |
| 10 | Ferroamp Developer of smart energy management system | $2M | 71 mo ago | 86 | Krister Werner CEO | WordPressMySQLPHP+35 | — | — |
| 11 | Exeri Provider of smart grid monitoring systems | $2M | 83 mo ago | 18 | Magnus Karlsson Founder & CEO | — | 10 patents Real-time local anomaly detection for overhead power transmission grid monitoring | — |
| 12 | dLaboratory Provider of power grid monitoring and analysis solutions using AI | $2M | 45 mo ago | 34 | Rickard Jacobson CEO | WordPress Site EditorWordPressMySQL+29 | — | — |
| 13 | CheckWatt Provider of virtual power plant services for flexible energy resources | $2M | 59 mo ago | — | Dan-Eric Archer CEO | RubyAnimate.cssVarnish+11 | — | — |
| 14 | Metry SaaS-driven platform to collect meter data from utilities | $703K | 50 mo ago | 49 | Magnus Luttkens Co-Founder & CEO | — | — | — |
| 15 | Egain Energy monitoring platform provider | $506K | 71 mo ago | — | Thorbjorn Geiser Founder | — | — | — |
| 16 | Expektra Demand forecasting solutions for utilities and power trading | $219K | 92 mo ago | 7 | Gustav Bergman Co-founder and CTO | — | — | 1 partnership |
Top 12 Smart Grid companies in Sweden
#1
Polarium 🦄Series D · Stockholm, Stockholm County · founded 2015 · 550 employees$273.6Mraised▾
Developer of battery management systems and energy storage hardware solutions. These products facilitate energy storage for residential, commercial, industrial, and telecommunications applications. The hardware integrates with software to manage power availability, optimize energy consumption, and support grid stability. The systems enable users to store energy for reserve power, reduce costs through peak shaving, and participate in energy markets. The technology supports the integration of renewable energy sources by providing scalable storage capacity for various infrastructure requirements.
#2
Seed · Stockholm, Stockholm County · founded 2022$3.5Mraised▾
Provider of energy solutions for energy grid and their utility. It provides users with a company that focus on an energy organization that aims to help people generate and save energy. It also facilitate transactions, and establishing rules to govern the network in order to build trust and maintain quality.
- Jul 2025Seed$3.5M
#3
Seed · Stockholm, Stockholm County · founded 2019 · 28 employees$11.6Mraised▾
Provider of software solutions for efficient management of electricity distribution networks. The software equips grid operators with capabilities for grid visibility, analytics, and flexibility management. These capabilities integrate into grid planning, operations, and maintenance. The solutions address challenges like smart meter value, solar PV penetration, grid congestions, and connection requests. Integrated analytics help boost grid efficiency and prioritize cost-efficient grid investments.
- Mar 2024Grant (prize money)$2.7M
- Mar 2024Seed$4.3M
- Apr 2023Seed$4.9M
- May 2022Seed$2.1M
#4
Seed · Stockholm, Stockholm County · founded 2022 · 8 employees$12.4Mraised▾
Provider of a virtual power plant platform. The platform predicts flexible capacity and ensures the best returns on the right market. The platform handles qualifications, reporting, and payouts with precision, for maximising the value of energy asset.
- Feb 2024Seed$10.7M
- Feb 2022Seed—
#5
Series A · Stockholm, Stockholm County · founded 2019$4Mraised▾
AI-powered asset analytics solution for power grid. It is a web-based analytics platform that delivers decision intelligence from overhead line inspections. It assess every component, analyze every asset, and helps you take control of your whole power ecosystem.
- Jul 2024Series A$4M
#6
Seed · Stockholm, Stockholm County · founded 2018 · 8 employees$5.4Mraised▾
Developer of programmable power infrastructure for electrical distribution systems. The company provides hardware and software solutions for modern power infrastructure demands. Its offerings include solid-state switchgear combining hardware with real-time software execution. It also provides software-defined voltage conversion with integrated energy storage. The company's system enables devices to share data, respond instantly, and optimize power flows. The AI analyzes and adapts to systems in real time.
#7
Seed · Lund, Skane County · founded 2011 · 34 employees$1.6Mraised▾
Provider of power grid monitoring and analysis solutions using AI. The company offers tools for preventing outages and improving grid planning. Incident reports are automatically generated to minimize recurring issues and enhance resilience. Investment needs can be identified and prioritized based on critical issues.
- Nov 2022Seed$138.7K
- Feb 2017Seed$1.1M
- Oct 2015Seed$369K
#8
Acquired · Danderyd, Stockholm County · founded 2011$1.6Mraised▾
Provider of virtual power plant services for flexible energy resources. It connects batteries to increase profitability and contribute to a renewable energy system. The company optimizes charging and discharging to maximize battery profitability. It also enables batteries to deliver services to grid operators and participate in energy markets. The company offers a portal to monitor production, consumption, and compensation.
- Oct 2021Grant (prize money)$235.8K
- Dec 2020Grant (prize money)$230.1K
- Oct 2019Grant (prize money)$584.8K
- May 2019Grant (prize money)$193.8K
#9
Public · Spanga, Stockholm County · founded 2010 · 86 employees$1.7Mraised▾
Ferroamp is an award winning company developing power electronic solutions for commercial and residential customers. Its entire system consists of an inverter, lithium based energy storage and an EMS+BMS software which controls the entire system. Depending upon the grid power and rooftop solar power availability it can intelligently switch between, direct solar, battery and grid. The system enables fast charging of EVs if connected to the system and seeks to reduce the power consumption of the household to reduce dependency on grid and reduce power bills.
- Oct 2020Grant (prize money)$350.5K
- Aug 2018Grant (prize money)$1.6M
- Oct 2017Grant (prize money)$430.7K
- Sep 2016Grant (prize money)$1.6M
#10
Seed · Gothenburg, Vastra Gotaland County · founded 2016 · 27 employees$2Mraised▾
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- Sep 2021Seed$2M
#11
Acqui-Hired · Gothenburg, Vastra Gotaland County · founded 2012 · 49 employees$703.2Kraised▾
SaaS-driven platform to collect meter data from utilities. The platform collects the data from utility meters, and private meters and provides an overview of energy consumption through an app or platform.
- Jun 2022Series A—
- Oct 2017Grant (prize money)$213.5K
- Jan 2017Grant (prize money)$207.3K
- Sep 2016Seed$703.2K
#12
Acquired · Stockholm, Stockholm County · founded 2013 · 11 employees$4.5Mraised▾
Energy usage data analytics for smart homes and buildings. Provides a energy management product which gives data about the usage of energy by various appliances in the building. Uses machine learning to understand which are the major energy consuming areas and gives suggestions for smart energy usage using machine learning.
- Jul 2016Series A$3.3M
- Jul 2016Grant (prize money)—
- Oct 2015Grant (prize money)$55K
- May 2015Grant (prize money)$56K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Smart Grid coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Smart Grid is moving in Sweden
A read on the academic research around Smart Grid — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 369 Sweden-affiliated papers.
- KTH Royal Institute of Technology103
- Chalmers University of Technology61
- Uppsala University33
- Luleå University of Technology27
- Mälardalen University24
- Microgrid3→25
- Electricity1→16
- Flexibility (engineering)1→9
- Smart meter1→6
- Controller (irrigation)1→6
- Microgrid5→54
- Demand response2→24
- Energy storage2→21
- Electric power system1→18
- Energy management1→14
- Demand response1→11
- Renewable energy4→8
- Automotive engineering1→4
- Computer security2→4
Where smart grid is researched across Sweden
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.