Micatu, a leader in optical sensing solutions, today announced a $10 million growth investment led by WAVE Equity Partners, LLC. The financing will support the company's continued global expansion and ongoing deployment of its proprietary GridView optical sensing platform for industrial and utility grid measurement solutions.

New York-based Micatu is a next-generation optical sensing solution provider for the measurement of voltage, current, vibration, and temperature. Our solutions provide the highest data fidelity, accuracy, precision, and next-level harmonics measurements. Micatu's GridView utility platform solution enables lower-cost deployments, maximizes integration of renewable energy, and increases data awareness for grid resilience.