SparkMeter Completes $12 Million Series A Financing led by Breakthrough Energy Ventures, Clean Energy Ventures and Goodwell Investments

SparkMeter, a provider of grid management services, equipment, and software solutions that increase access to reliable electricity in underserved communities across Africa, Asia and the Americas, announced today the closing of an $12 million Series A financing. The round was led by Clean Energy Ventures and Breakthrough Energy Ventures, alongside Goodwell Investments, in partnership with Alitheia Capital, Total Energy Ventures, and other notable investors. The latest funding will allow SparkMeter to launch its new Digital Solutions offering, connecting smart grid data insights to business operations for large electricity distribution utilities in emerging markets.