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Synaptec
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Short description

Developer of instrumentation utilises existing optical fibres installed within power systems in order to reduce electrical power transmission costs through reducing outages, prevent circuit damage, and minimize civil works

Founded in 2014
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy networks

TRL Range 4-6
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 United Kingdom Glasgow, United Kingdom
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Updated by at on 03/28/2025

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Adani Electricity Mumbai Adani Electricity Mumbai

Confirmed by Adani Electricity Mumbai

Partnerships
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Date Partner Type
Megger Megger
We develop and market joint solutions with Megger for the testing, commissioning, and online monitoring of high-voltage assets and conductors.
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Confirmed by Megger
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IPO INFORMATION

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Description

Date Investors Type Amount
02/06/2024 Equity Gap Equity Gap , Proserv Proserv , Megger Group Megger Group (3)
Post-money valuation of
Funding will support manufacturing capabilities in Scotland and support expansion to provide distributed electrical and mechanical sensing for applications in controlling and managing MV and HV assets.
Series B $8,284,244
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Synthesis

Waveform measurement data storage, analysis, and visualisation platform for power network operators and asset managers.

Wide Commercial Availability Subscription
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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