Smart Energy Instruments (SEI), a Toronto, Canada-based developer of low-cost energy sensors that form the framework of a smart grid, has received an equity funding of undisclosed amount.
The investment was made by the newly launched MaRS Cleantech Fund LP (read here).
Incorporated in 2004, SEI applies its expertise and IP in power systems, digital signal processing, embedded OS’s, network communications and IC technologies to create real-time, highly granular data measurements for innovative intelligent devices in power systems.
Products incorporating SEI’s technology provide electric utilities and system operators the ability to monitor, understand, control and plan electric power grids.
The company has a wholly owned subsidiary in Tokyo, Japan.