HomeCanadaCorinex Raises $30M in Funding

Corinex Raises $30M in Funding

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Corinex, a Vancouver, Canada-based company which specializes in broadband over power lines (BPL)-based grid visibility and flexibility solutions, raised $30M in Funding.

The round was led by Energy Growth Momentum, Suma Capital, and Adara Ventures. 

The company intends to use the funds to accelerate its expansion in standardizing and delivering real-time grid flexibility and visibility solutions.

Led by CEO Peter Sobotka, Corinex is a provider of broadband over power lines (BPL)-based grid visibility and flexibility solutions, enabling the digital transformation of energy distribution systems worldwide. Its products accelerate the mass integration of low-carbon technologies (LCTs) and automate electricity infrastructure.

FinSMEs

08/04/2025

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