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Invenia Labs focuses on improving the efficiency of the electricity grid using machine learning. Their software solutions help utility companies and grid operators optimize the planning and distribution of electricity, which is essential since electricity cannot be stored effectively and the grid has limited capacity. By analyzing data, Invenia's technology allows clients to better predict power generation and usage, reducing economic waste and minimizing environmental impact. Unlike many competitors, Invenia integrates its software with existing grid management systems, making it easier for clients to adopt their solutions. The goal of Invenia is to enhance the efficiency of electricity generation and distribution, ultimately benefiting both the economy and the environment.
Company Stage
Series A
Employees
1-10
Industries
Data & Analytics, Consulting, Hardware, Energy, Social Impact, AI & Machine Learning
Total Funding
$5M
Headquarters
N/A
Founded
2006
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