Nexans has announced a strategic minority investment in Sensewaves, a French artificial intelligence start-up, alongside American Electric Power (AEP), a major U.S. utility.
A press release said that Sensewaves, founded in 2015, specializes in AI-powered analytics for power grids. Its flagship Adaptix. Grid platform is designed to unify data from disparate utility sources and deliver granular, real-time grid insights. The platform offers utilities advanced visibility and situational awareness for both low voltage and medium voltage networks, regardless of the level of digitization or data completeness. It can support optimization across the entire grid lifecycle, from planning to real-time operations and maintenance.
The goal is to drive Sensewaves’ growth, expedite the deployment of Adaptix.Grid, and support market expansion. The funds will bolster Sensewaves’ R&D, product teams, and business development, enabling accelerated innovation and strategic geographic expansion. The result is a full-service offering for utilities seeking to modernize networks and meet the demands of the energy transition, including the integration of renewable generation and electric vehicle infrastructure.
Sensewaves’ CEO, Fivos Maniatakos, welcomed the partnership, stressing the complementary strengths of Nexans as a cable and turnkey systems company and AEP as an experienced grid operator. “The collaboration positions Sensewaves as a serious contender in delivering smart, scalable grid management solutions for the utilities sector.”
