Greenwood Power is an Austrian manufacturer of power and voltage sensors for gas- and air-installed local substations. Its patented sensors aim to reduce grid destabilisation caused by production and demand fluctuations. The company emphasises retrofit applications and a cost-effective 3D‑printing manufacturing process. Greenwood is researching a system for sending sensor data to a central processor to automatically detect deviations and notify grid operators. It reports revenues of €10 million and an export share of 99 percent. The firm expects to quintuple its global market share to 10 percent and reach profitability soon.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2023