Mercom: VC’s Invest $50M in 10 Smart Grid Deals in Q2 2013

Q2 2013 represented the lowest funding quarter in the past four years. Out of the $50 million in VC funding, home and building automation companies accounted for $33 million in five deals, grid optimization companies with $17 million in three deals, and advanced meter infrastructure and security companies with one million each. Enlighted, the top deal, raised $20 million. There were three M&A transactions that took place in Q2.

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