Corinex

Corinex provides digital grid reinforcement through broadband powerline (BPL) technology that brings visibility and control to the grid edge. The technology helps utilities relieve constraints, prevent overloads, and accelerate electrification across electricity networks. Founded in 1999 and headquartered in Vancouver, Canada, Corinex has raised $30M in Series B funding from investors including Adara, Suma Capital, Energy Growth Momentum, and Santander. The company employs 91 people and serves utility companies facing challenges from increasing distributed energy resources, EV charging loads, and renewable energy integration. Corinex's BPL solution transforms existing power lines into communication networks, enabling real-time monitoring and control without requiring additional communication infrastructure.