Gridhound
Aachen · Founded 2015
About Gridhound
Gridhound has developed an innovative software solution for power distribution system operators (DSO) that can learn, monitor and predict, the behavior of power distribution systems even in real-time. Gridhound’s proprietary solution is based on patent pending machine learning algorithms that originate from the Institute for Automation of Complex Power Systems at RWTH Aachen University. The Artificial-Neural-Networks-based system provides grid state estimation and monitoring functions. It has a significantly better performance and up to 50% lower cost of ownership than traditional solutions. Moreover, Gridhound’s software allows improving the grid’s transport capacity thus avoiding expensive grid extension.
Company Facts
- Founded: 2015
- Legal name: Gridhound GmbH
- Operating status: Operating
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Estimated revenue: $1K – $10K
- Funding stage: Seed
- Last round: Seed (May 2019)
- Website: gridhound.de
- Phone: +49 241 9278769-0
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