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depsys
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Short description

Developer of hardware and software to manage and optimize smart grids

Founded in 2012
Founded in

Company type Acquired Public ()
Company type

Industry Group energy & power

Sector energy networks

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Switzerland Puidoux, Switzerland
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Parent Companies

Updated by Marc Schreiber at depsys SA on 03/17/2021

Edited by Cleantech Group on 07/29/2023

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  • 1 M&A items
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Date Company
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Date Partner Type
04/20/2017
Free Electrons Free Electrons
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Confirmed by Free Electrons
Incubation/Acceleration
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IPO INFORMATION

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Description

Date Investors Type Amount
02/12/2019 BNP Paribas BNP Paribas , SET Ventures SET Ventures (2)
Post-money valuation of
DEPsys received EUR 12 million as part of a Series B investment. The funding will help DEPsys prepare for international growth. Large-scale rollouts are underway, and recently, DEPsys established its first international subsidiary in Germany. Investment from SET came from the SET Fund III.
Series B $13,550,000
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GridEye applications

Broad portfolio of applications that make use of the measurement data generated by the field devices and that support the grid operators in the daily endeavors: monitoring, alerting, analysis, planning, asset management, automization, energy management.

Wide Commercial Availability License of Usage
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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