Synaptec is a highly-innovative company based in the centre of Glasgow. We were founded in 2014 to reduce the downtime and operating costs of electrical power networks by providing cost-effective, high-performance instrumentation capable of underpinning present and future monitoring, protection and control functions.
We develop and deploy unique photonic sensing systems that utilise existing optical fibre networks to measure all parameters that electricity network operators require for primary and ancillary monitoring functions.
We develop and deploy unique photonic sensing systems that utilise existing optical fibre networks to measure all parameters that electricity network operators require for primary and ancillary monitoring functions.
Location: United States, Delaware, Elkton
Employees: 11-50
Total raised: $12.39M
Founded date: 2014
Investors 1
| Date | Name | Website |
| - | Foresight ... | foresightg... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 06.02.2024 | - | $8.18M | - |
| 16.05.2019 | - | $3.71M | - |
| 02.08.2016 | - | $493.74K | - |
Mentions in press and media 7
| Date | Title | Description |
| 10.12.2024 | The Biggest Scottish Tech Deals of 2024 | Despite strong economic headwinds, a hostile investment environment, geopolitical tensions and….. 2024 has – against all odds – been a strong year for Scotland’s tech, life sciences, and business sectors, marked by transformative acquisitio... |
| 06.02.2024 | Synaptec Raises £6.5M in Funding | Synaptec, a Glasgow, Scotland, UK-based developer of a distributed electrical sensing (DES) fibre-optic instrumentation platform, raised £6.5M in funding. The saw participation from Megger Group, Proserv, and Equity Gap. The company intends... |
| 21.11.2023 | EDP selecciona a nueve startups con propuestas innovadoras en distribución eléctrica para el programa Energy Starter | Inteligencia artificial, drones de inspección y sensores inteligentes son algunas de las innovaciones que definen los proyectos de las nueve startups seleccionadas en el módulo "Redes del Futuro" de la 8ª edición de Energy Starter... |
| 10.06.2019 | DIGIT Deal Roundup May 2019 | News Hutchinson Networks Midlothian-based IT and networking specialists, Hutchinson Networks, has gone into administration. Blair Nimmo and Alistair McAlinden of KPMG were appointed as joint administrators to oversee the sale or closure of ... |
| 16.05.2019 | Synaptec Raises £2.9M in Funding | Synaptec, a Glasgow, UK-based energy tech company, raised £2.9m in funding. Backers included: – the Foresight Williams Technology EIS Fund, which invested £2m, – the newly created Foresight Scottish Growth Fund, which invested £100k, and – ... |
| 02.08.2016 | Synaptec Secures £370K Funding Round | Synaptec, a Glasgow, Scotland, UK-based developer of fibre optic technology to reduce the downtime and operating costs of electrical power networks through improved monitoring, secured a £370k funding round. Backers included the Equity Gap ... |
| - | Synaptec | “We produce the world's only passive electrical sensor networks.” |