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

Steamaco_circuit_front.jpg
 

 
Cleantech award.jpg

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

 
1200px-Shell_logo.svg.png
 

 
UI macbook outline.png


2016

Product launch: Steama UI

 

 

2015

Product launch: bitHarvester v4
Award: Ashden International Gold
Move HQ to Manchester, UK

Ashden award.jpg
 

 
SteamaCo logo.png

2014

Pivot: energy automation technology
Rebrand: SteamaCo
$250k seed financing


 

2013

Develop bitHarvester v1 and v2 and Mingi cloud software
Pivot: micro utility developer

Vulcan - 47.jpg
 

 
Steama.co remote off-grid village - Remba Island 1.jpg

2012

Kenya, company founding: Access Energy, a wind turbine manufacturer
$250k seed financing