Venture backed company SparkMeter closes US$12m Series A financing

AFRICA – SparkMeter, a venture provider of grid management services, equipment, and software solutions that increase access to electricity in underserved communities across Africa, Asia and the Americas, closed a US$12m Series A financing. The round was led by Clean Energy Ventures and Breakthrough Energy Ventures, alongside Goodwell Investments, in partnership with Alitheia Capital, Total Energy Ventures, and other notable investors. The funding will allow the company to launch its new Digital Solutions offering, connecting smart grid data insights to business operations for large electricity distribution utilities in emerging markets.…

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