Copper Labs, a Boulder-based company offering patent-pending wireless real-time energy management solutions, today announced an oversubscribed $2 million funding round led by National Grid Partners.
National Grid Partners is the venture investment and innovation arm of National Grid PLC. Additional investors include Blue Bear Capital, Moonshots Capital and Bull Creek Capital, each of whom participated in earlier Copper funding rounds.
“National Grid has earned its reputation as a leading proponent of grid modernization, and we are thrilled to join the NGP portfolio of innovative companies delivering greater value to customers and building grid resiliency,” said Dan Forman, chief executive officer of Copper Labs.
National Grid Partners is the venture investment and innovation arm of National Grid plc.
Copper Labs is on a mission to create a more sustainable energy future by helping utilities take control of energy demand when it matters most to the grid.