LineVision Announces $33M Series C in Growth Capital to Accelerate the Net Zero Grid

LineVision Announces $33M Series C in Growth Capital to Accelerate the Net Zero GridThe round is led by Climate Innovation Capital and co-led by S2G Ventures, with strategic participation from Microsoft Climate Innovation Fund and Marubeni.SOMERVILLE, Mass., October 4, 2022: LineVision, Inc., the worlds leading provider of overhead line monitoring for electric utilities, today announced the closing of its $33 million Series C financing round. We see tremendous opportunity for LineVisions technology-driven infrastructure platform to unlock this critically-needed capacity and deliver value to consumers, utilities, renewable energy developers, electrification innovators and the climate. "Access to adequate transmission capacity is the single biggest barrier the US and many other major electricity markets face in realizing their near to medium-term decarbonization goals," said Francis OSullivan Ph.D., Managing Director of S2G Ventures. LineVisions patented non-contact sensors collect critical information to unlock additional capacity on existing lines, provide insight into conductor health, and detect anomalies and risks. For more information, www.climateic.com.S2G Ventures, the direct investment team of Builders Vision, partners with entrepreneurs who are working on solutions to some of the worlds greatest challenges across the food, agriculture, oceans, and clean energy markets.