Funding to scale the global deployment of flexibility and visibility solutions on the Corinex wide -band network on electric lines (BPL) for the digitization of the transformer network.
Vancouver, bc,, April 9, 2025 / Prnewswire / – CorinexA world leader in visibility and flexibility solutions on the high -speed network on power lines (BPL), today announces a $ 30 million Investment bound led by the United Kingdom Energy growth momentumwith Spanish investment companies Capitalan independent alternative asset manager and an ecological transition leader, and Adara Ventures. This funding will feed Corinex’s expansion in standardization and the supply of flexibility and real -time visibility solutions. By solving grid constraints while improving the resilience and safety of energy systems worldwide, this collaboration effort opens the way to the mass adoption of decentralized technologies with low carbon content (LCT).
The investment will support the deployments during Corinex on the main European electricity markets, in particular Germany,, Spainand the United Kingdom, When the main network operators have formulated – and, in some countries, already standardized – new use cases for the low -voltage network necessary for mass decarbonization. As a key contributor to industry standardization associations, Corinex provides BPL solutions based on standards that have been validated for implementation. High data flow, edge calculation capabilities and real -time load balancing (dynamic) provided by Corinex technology are essential to increase the capacity of low -voltage energy infrastructure in the world.
A shared vision for smarter and more resilient networks
Peter SobotkaCorinex founder and CEOunderlined the strategic importance of this investment:
“The energy networks of the world are at a critical moment, requiring evolutionary and real -time solutions to adapt to the rapid electrification of transport, heating and decentralized renewable energies. Corinex BPL -based technology offers a processing approach to improving the network allowing the instant increase in the low -cost network capacity.
The Corinex solution has been developed, validated and is now in mass deployment in real network of the most advanced European public services. It collects and processs data in real time on the low voltage part of the grid. Our technology increases network resilience by providing real -time control of low carbon technologies.
The ability to collect and manage the low -voltage grid data pools safely is Positioning only Corinex To allow in collaboration some of the many suppliers of AI technology. Such a combined solution will push the digitization of the network to the next new borders.
Growth, profitability of Corinex and this investment by the momentum of energy growth, the capital Suma and the companies Adara Give confidence in the scaling and mass adoption of Corinex’s intelligent infrastructure solutions which improve network resilience and support decarbonization. “”
Investors’ prospects
John WilsonPartner at the momentum of energy growthunderlined the growing demand for modernization of the grid:
“Energy networks in the world are subject to increasing pressure as the transition to renewable energies accelerates. We focus on supporting high -growth businesses that stimulate energy transition. “”
Natalia RuizMain partner at Suma Capitalunderlined the alignment with the EU decarbonization objectives:
“While Europe intensifies its energy transition, the demand for advanced network intelligence solutions is more critical than ever. At Suma Capital, we have been leading the transition to sustainable energy for almost two decades thanks to investments in advanced infrastructure and technologies. Supporting Corinex’s international vision and international expansion not only advances our mission as a sustainable fund and impact focused, but also reaffirms our commitment to meet the main challenges of this transition. “”
Alberto EcheverriPartner at Adara Venturesunderlined the strategic nature of the investment:
“Investing in Corinex represents a unique opportunity to support a company that redefines the management of the grid. Based on our successful investment in a company of semiconductors without infer specialized in electric communication chipsets (PLC) for intelligent energy, we see an immense potential in Corinex’s ability to direct the next generation of grid innovation.
About Corinex
Corinex is a pioneering supplier of visibility and flexibility solutions based on electric lines (BPL) (BPL), allowing the digital transformation of energy distribution systems worldwide. The company’s products accelerate the mass integration of carbon technologies (LCT), automate electrical infrastructure and transform the grid into a dynamic and intelligent energy system.
On the momentum of energy growth
Energy Growth Momentum (EGM) is a capital-based capital company based in the United Kingdom dedicated to investment in proven operational and digital technologies that improve the commercial and carbon efficiency of energy assets. By providing growth capital to strong growth energy technology companies, EGM aims to promote a more sustainable, efficient and flexible energy ecosystem. The company’s investment strategy focuses on scaling companies that provide innovative solutions to approach the modernization of the network, decarbonization and energy resilience.
About the Suma Capital
Suma Capital is an independent alternative asset manager, a leader in ecological transition. The company concentrates its investments in sustainability thanks to three different programs: sustainable infrastructure, growth capital and venture capital. Capital of Suma, managing more than 1.2 billion euros in assets, was founded in 2007 and has become a European reference, with a presence in Barcelona,, Madrid And Paris.
About Adara Ventures
Adara Ventures is a main European venture company specializing in deep technological investments. Founded in 2005, the company manages more than 350 million euros in assets and has aid stories for high potential innovators to obtain worldwide success. The Adara portfolio focuses on innovative companies in areas such as cybersecurity, data applications and infrastructure, hardware components, digital health, space technology and energy transition technologies. For more information, visit www.adara.vc.
For more information, please contact the Corinex media relationship team in jan.sobotka@corinex.com.
Contact Pr: Jan SobotkaCorinex, +1 604-692-0520, jan.sobotka@corinex.com
Source Corinex Communications
