SteamaCo: from then to now
2024
Acquired Shyft Power Solutions, Inc., an energy technology company specializing in metering for embedded systems and IoT+DERM SaaS
2022
Launched Aurora AI theft detection platform
Pilots showed increased utility revenue by 150%
Partnered with Odyssey on NEP funded projects
Opened African offices in Abuja
2021
Awarded AMI contract for the Nigerian REA’s EEP
Became DLMS/COSEM compliant
Partnered with Nextier Power
Partnered with Shenzhen Donsun smart meters
2020
55,000 meters sold in ten countries
Product launch: Edge 6
$5m Series B, co-led by Shell and Praetura Ventures
Award: Finance for the Future Innovative Project
2018
28,000 meters sold in seven countries
Established supply chain in Asia
$150k Horizon 2020 and Innovate UK grant
Award: Global Cleantech 100 Ones to Watch
2017
Product launch: bitHarvester v5
$2.9m Series A, led by Shell
$300k Innovate UK grant
2016
Product launch: Steama UI
2015
Product launch: bitHarvester v4
Award: Ashden International Gold
Move HQ to Manchester, UK
2014
Pivot: energy automation technology
Rebrand: SteamaCo
$250k seed financing
2013
Develop bitHarvester v1 and v2 and Mingi cloud software
Pivot: micro utility developer
2012
Kenya, company founding: Access Energy, a wind turbine manufacturer
$250k seed financing