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Metering and grid-management technology for minigrid utilities
sparkmeter.ioLast updated
In short: SparkMeter sold its platforms to Honeywell, transferred emerging markets to EarthSpark, and open-sourced software.
The team ensured service continuity for 74 minigrid operators, cut costs by 25%, doubled issue resolution speed, restarted hardware production, and addressed meter backlogs. They plan open sourcing for sustainability.
EarthSpark acquired SparkMeter's emerging market operations after fundraising headwinds, ensuring service for 1 million people.
EarthSpark will manage assets, customer relationships, and support while engaging stakeholders in future product direction. The transition secures service for nearly 1 million people across 30 countries.
The sale includes software applications GridFin and GridScan. Honeywell will integrate Praxis with its utility solutions to expand reach. SparkMeter continues serving emerging markets.
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