Wednesday, November 3, 2021

Electrical Grid Monitoring Snags $17.5M

Electrical Grid Monitoring (EGM), an Israeli developer of electric grid monitoring products which has its U.S. headquarters in Los Angeles, says it has raised $17.5M in a funding round. The funding was led by Energy Growth Momentum. According to Electrical Grid Monitoring, it will use the funding to launch its entry into the utility grid modernization market in the US. EGM's efforts in the US are being run by Dr. Alex Levran, who serves as CEO of EGM, Inc. USA. The company's overall efforts are being run by EGM Ltd. CEO Amir Cohen. More information »