Tantalus Systems is a technology company that has been on the scene since 1989, and its mission is to "HARNESS THE POWER OF DATA" in order to help utilities modernize their distribution grids. The company offers a comprehensive grid modernization platform that spans intelligent connected devices, communications networks, data management, enterprise applications, and analytics. By providing solutions that offer flexibility to utilities, Tantalus enables them to derive maximum value from their existing infrastructure investments while also preparing for future requirements. Tantalus primarily operates in the Energy and Water industries and is based in the United States. The company's most recent investment of $7.00M came in the form of a Post-IPO Debt investment on 30 June 2023, and it was made by Export Development Canada. This injection of funds represents a vote of confidence in Tantalus Systems' capabilities and signifies potential growth opportunities for the company. Tantalus Systems' dedication to leveraging data to modernize utilities' distribution grids positions it at the forefront of innovation in the energy and water sectors, making it an appealing prospect for potential investors.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | $10.00M | - | 08 May 2024 | |
Post-IPO Debt | $7.00M | 1 | 30 Jun 2023 | |
Post-IPO Equity | $10.60M | 5 | Ventum Financial, Cormark Securities Inc. | 12 Aug 2021 |
Venture Round | $6.00M | 2 | vareco holdings | 24 Feb 2017 |
Venture Round | $13.48M | 1 | 20 Jan 2010 |
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