in News Departments > New & Noteworthy
print the content item

REGEN Energy Inc., the developer of the wireless Swarm Energy Management electrical load management and automated demand response platform, has coordinated a $7 million Series B investment funding round.

The round was led by an international energy company and included participation from existing investors NGEN Partners and the BDC Venture Capital Energy/Cleantech Fund.

"This funding will enable us to increase our marketing, sales and support infrastructure while continuing to grow the hundreds of megawatts of load under Swarm control in North America and internationally," says Tim Angus, president and CEO of REGEN Energy.

Swarm Energy Management is a fully compliant OpenADR 2.0 solution, the company notes.


Hse SandyHook
Latest Top Stories

DOE Report: U.S. Wind Power Prices Reach All-Time Low

According to the U.S. Department of Energy (DOE), wind power continues to play a larger role in the U.S.' energy mix and is the cheapest it has ever been in the country.


Survey Reveals What U.S. Consumers Expect From Their Utilities

GE's new survey measures Americans' views on the state and future of the grid, as well as how much extra consumers would be willing to pay for better power reliability.


How A GIS Can Help Utilities Address The Aging Workforce And Capitalize On Data

Baby Boomers, whose experience and know-how have served the utility industry so well for decades, are retiring. The author suggests utilities can use a geographic information system (GIS) to fill in resultant knowledge gaps.


Sensus Smart Meters Tied To More Overheating Incidents And Fires

SaskPower is investigating two new meter failures, and Portland General Electric is working to replace 70,000 Sensus units amid fire concerns.


SaskPower Halts Smart Meter Installations Following Fires

The Canadian utility has suspended its smart meter deployment as it investigates half a dozen fires associated with the meters.

S&C Electric_id176
edf_id180