Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Synaptec

Explore full profile

Passive optical sensor networks for power systems

Glasgow, United KingdomFounded 2014Energy
Valuation $25–50M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Synaptec and the history behind them.

About Synaptec

Founded in 2014, Synaptec Ltd. is a Glasgow-based company that develops and manufactures instrumentation and sensor solutions for the electrical power industry. The company was co-founded by Dr. Philip Orr, who serves as CEO, alongside Prof. Campbell Booth and Prof. Paweł Niewczas. Synaptec originated from the University of Strathclyde and focuses on enhancing the resilience and reliability of power networks through advanced monitoring.

Read full description

The company's core technology is Distributed Electrical Sensing (DES), a platform that uses passive, optical fiber-based sensors to measure parameters like voltage, current, temperature, and vibration across extensive power networks. This technology is designed to be retrofitted onto existing fiber optic infrastructure, offering a scalable and zero-maintenance method for real-time data acquisition in remote or inaccessible locations. The system provides operators with granular, synchronous data to support asset management, enable predictive maintenance, and improve grid stability.

Synaptec serves clients across power grids, renewables, and industrial sectors. Its products have been deployed in various international projects, including at the world's largest offshore wind farm. The business model centers on selling these specialized instrumentation systems, which help clients reduce operational costs and downtime by providing early warnings of potential failures. Key products include Greenlight™, a monitoring solution for high-voltage cables. The company has secured significant funding, including a Series A round of over £6.5M in February 2024, to support expansion and the development of new manufacturing facilities in Scotland.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Glasgow, United Kingdom
Employees
42
Open positions
1
Dealroom signal
66.6/100
Sub-industry
Energy Providers
Sector
Energy, UKSU2010, Innovation Management, Climate Tech, Spinout, UKSU, UKis clean energy, Remote Monitoring, Sustainable Development Goals, Hard Tech, science-based, Performance Management
Technology
Hardware
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Feb 2024 $8.6M $34M Equity Gap · Megger · Proserv ↗
LATE VC✓Equity / VC Sep 2022 $0 — Proserv ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Synaptec website traffic

Latest recorded traffic for Synaptec is 7.8K monthly website visits, up 358.8% over the last three months. Synaptec's team grew 2.4% over the past year.

Latest monthly visits7.8K 3-month web change+358.8% 1-year team growth+2.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

  • University of Strathclyde
  • Equity Gap
  • Nigel Ellis
  • Scottish Enterprise Growth Investments
  • Ian Marchant

Series A1 investor entered at this stage

  • Foresight Group

Series B and later2 investors entered at this stage

  • Proserv
  • Megger

Other known investors2 additional known investors

  • Energy Catalyst
  • Royal Academy of Engineering Enterprise Hub
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇬🇧 United Kingdom88.2%
🇲🇾 Malaysia2.9%
🇪🇪 Estonia2.9%
🇺🇸 United States2.9%
🇨🇦 Canada2.9%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Synaptec 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 Synaptec’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.