Synaptec develops and deploys photonic sensing systems.
Synaptec develops and deploys photonic sensing systems that reduces electrical power transmission costs through reducing outages, preventing circuit damage, and minimizing civil works.Synaptec provides instrumentations, based on their patented technologies that utilizes existing optical fibers installed within power systems to enhance network protection and fault identification. Their unique sensor technology can measure voltage, current, temperature, and vibration, over long distances, at multiple locations, without power supplies, and using only a single optical fiber. It provides multiple benefits to network operators and society including cost reductions, enhanced security of energy supply, and reduced emissions.Synaptec is based in the United Kingdom and it was founded in 2014.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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May 15, 2019 | Series Unknown | £2.90M | 1 | Foresight Group | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Foresight Group | Yes | Series Unknown |