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Varentec
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Short description

Developer of next generation digital power electronics

Founded in 2009
Founded in

Company type Acquired 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 Santa Clara, CA Santa Clara, United States
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Updated by Cleantech Group on 11/11/2019

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  • 1 M&A items
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Date Company
Partnerships
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Date Partner Type
05/16/2014
Silver Spring Networks Silver Spring Networks
Silver Spring will integrate Varentec's Grid Edge Controlâ„¢ Solution with their IPv6-based smart grid networking platform to provide utilities with greater Voltage/VAR optimization and conservation voltage reduction capabilities.
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Confirmed by Silver Spring Networks
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IPO INFORMATION

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IPO Type

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Description

Date Investors Type Amount
11/08/2019 WindSail Capital Group WindSail Capital Group (1)
Post-money valuation of
Funding will be used to accelerate new commercial deployments of its Grid Edge Control technology.
Growth Equity $5,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

ENGO-W

ENGO-W provides power flow control on transmission and distribution grids. It also contains the Power Router that aids in power flow control.

Product Development Products - Wholesale
$/kW (current)
$/kW (projected)
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