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Electrical Grid Monitoring (EGM) Completes $17.5 Million Funding Led By Energy Growth Momentum
January 2022
IEC – Israel Electric Corporation and the UK-based private equity firm Energy Growth Momentum, in a USD 17 million series B financing round in the Israeli startup, EGM Ltd.
EGM’s technology promotes smart grid and the financing amount is designated to enable the development and deployment of EGM’s system to monitor and analyze the grid.
Energy Growth Momentum (who led the financing round) and the Israel Electric Corporation Ltd., were both represented by Partner Eyal Wiesel and Associate Bar Fenster, together with our very own, intern Asaf Hadar.
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