VC - Investments in Grid

United Devices Attracts $15M in Financing

United Devices has closed $15 million in Series C financing. The funds will be used to accelerate product delivery and expand go-to-market activities in the manufacturing, energy and life sciences markets.
The financing was led by a syndicate of European investors, including AGF Private Equity, SG Asset Management, Innovacom and the French government investment fund FCJE. A number of existing Series A and Series B investors also participated, including Mobius Venture Capital, Constellation Ventures and Oak Investment Partners.
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