S
SteamaCo
Energy Autopilot - a suite that of edge computing, cloud software and machine-to-machine communications technologies that automate utility operations in real time
About SteamaCo
SteamaCo is a pioneering startup specializing in smart metering technology for the energy sector. Headquartered in Manchester, UK, with a design lab in Kisumu, Kenya, SteamaCo focuses on providing utilities with the tools they need to sell energy efficiently, even in challenging environments. The company's flagship product, Edge 6, is a highly data-efficient smart meter that facilitates seamless connectivity for sales agents, consumers, and technicians. This technology is particularly beneficial in areas with tough landscapes, unreliable infrastructure, and poor connectivity.
Read full description
SteamaCo operates in the global energy market, serving utilities that supply electricity to both homes and businesses. The company has a strong presence in multiple countries, having sold over 55,000 meters in ten countries. Their clients range from small local utilities to large multinational energy providers.
The business model of SteamaCo revolves around the sale and deployment of its smart metering technology. The company generates revenue through the sale of its Edge 6 meters and associated software solutions, which include features like energy autopilot, connectivity management, payment processing, tariff setting, and loss protection. These features help utilities manage their energy distribution more effectively, reduce losses, and improve payment collection.
SteamaCo has successfully secured significant funding to fuel its growth, including a $5 million Series B round co-led by Shell and Praetura Ventures. The company has also received grants from Innovate UK and Horizon 2020, highlighting its innovative approach to energy management.
In summary, SteamaCo is revolutionizing the way utilities manage and distribute energy, particularly in regions with challenging conditions. By leveraging cutting-edge technology and strategic funding, the company is well-positioned to continue its growth and impact in the global energy market.
At a glance
- Founded
- 2012
- Headquarters
- Manchester, United Kingdom
- Sector
- Energy
Knowledge graph
More headlines
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
ClearlySo
European Innovation Council
Series A5 investors entered at this stage
Shell- ATAshden Trust
GReeN Investor Group
Shell Ventures
Praetura Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about SteamaCo on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See SteamaCo on the full Dealroom platform
Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.