Praetura Ventures

Praetura Ventures is the corporate venture capital arm of Praetura Group, based in Manchester, United Kingdom. It focuses on early-stage investments in technologies including artificial intelligence, gaming, health tech, life sciences, and cybersecurity, aiming to support startups beyond funding. The firm is known for a hands-on, proactive approach that provides strategic value and operational support to portfolio companies.

Catherine Barber-Brown

Operational Partner

Andrew Barrow

Partner, Tech

Peter Carway

Investment Director

Louise Chapman

NPIF II Fund Principal

David Foreman

Managing Director

Past deals in Utilities

SHYFT Power Solutions

Venture Round in 2024
SHYFT Power Solutions develops an integrated hardware and software platform to monitor, manage, and control distributed energy resources from mobile and cloud interfaces. Its core offering, the SHYFT system, combines a hybrid smart meter and transfer switch to enable IoT-driven energy management that automatically transitions between the grid and backup sources. The company provides software that allows users to monitor, meter, and control power sources across sites, supporting residential, commercial, and industrial deployments. SHYFT focuses on industrial IoT and the orchestration of distributed energy resources to improve energy efficiency, resilience, and cost savings, with initiatives to expand decentralized power systems in markets with unreliable infrastructure.

SteamaCo

Venture Round in 2024
SteamaCo is a developer of an Internet of Things-based metering platform that provides utility management services to underserved energy consumers. The company's innovative system enables utilities to operate in remote areas where connectivity is limited and operational costs are high. By integrating with the distribution network, SteamaCo's platform effectively gathers and analyzes data to identify issues such as energy theft and meter bypass. Additionally, it manages the entire distribution grid through a field force automation application, helping clients to minimize losses and deliver clean, reliable, and low-cost energy solutions. Through its data-efficient energy management system, SteamaCo addresses the challenges faced by two billion individuals who lack access to adequate energy resources.

SteamaCo

Series B in 2019
SteamaCo is a developer of an Internet of Things-based metering platform that provides utility management services to underserved energy consumers. The company's innovative system enables utilities to operate in remote areas where connectivity is limited and operational costs are high. By integrating with the distribution network, SteamaCo's platform effectively gathers and analyzes data to identify issues such as energy theft and meter bypass. Additionally, it manages the entire distribution grid through a field force automation application, helping clients to minimize losses and deliver clean, reliable, and low-cost energy solutions. Through its data-efficient energy management system, SteamaCo addresses the challenges faced by two billion individuals who lack access to adequate energy resources.

Inspired Energy

Seed Round in 2011
Founded in 2000, Inspired Energy provides energy management services to corporate and SME clients in the UK. It offers procurement, optimization, monitoring, and consultancy services, helping businesses manage their energy usage and transition towards net-zero carbon.

Tended

Tended is a company that specializes in developing advanced wearable technology aimed at enhancing workplace safety in high-risk industries such as construction, manufacturing, utilities, and logistics. By leveraging a combination of innovative technology and behavioral science, Tended focuses on fostering positive behavioral change among employees, which leads to improved safety outcomes at both individual and organizational levels. The company's wearable devices are designed to detect accidents in real-time, promptly alerting emergency contacts or services with critical information. This proactive approach not only helps prevent accidents but also provides employees with reassurance and a sense of independence, ultimately contributing to a safer working environment.
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