The round was led by Blue Bear Capital, with participation from ZOMA Capital. The funding will support Splight's continued expansion in North America and Europe, with a focus on scaling both its commercial and technical teams at a time of unprecedented growth in demand for power from electric grids across the globe.

Splight is a grid technology company headquartered in San Francisco, CA, with offices in Texas, Chile, and Spain. Its flagship product, Dynamic Congestion Management™ (DCM™), safely unlocks more transmission capacity to accelerate the deployment of clean energy and interconnection of new loads without requiring new lines or hardware. Splight works with utilities, renewable developers, and large loads to reduce curtailment, shorten interconnection timelines, increase reliability and maximize the use of existing infrastructure.