Nyquis
Nyquis is a San Francisco company that provides continuous monitoring systems for the electrical grid. It raised $6.3 million in seed funding.
- Industry
- electrical grid, continuous monitoring
- Location
- San Francisco, CA, United States
- Website
- https://www.nyquis.com
About
Nyquis provides continuous monitoring systems for the electrical grid. FinSMEs calls it a San Francisco, CA-based provider, and the Business Wire release is datelined San Francisco and says the company is based there. This page stores San Francisco. The company site is https://www.nyquis.com.
The Business Wire release is dated November 5, 2026, and Axios and the South Park Commons post are the same day, so the round date is 2026-11-05. FinSMEs published on November 9, 2026. The release, FinSMEs, Axios, and the issue agree on a $6.3 million seed. $6,300,000 is stored. The release, FinSMEs, and the issue say the round was co-led by Gigascale Capital and South Park Commons. Axios says it was led by those two firms. The South Park Commons post says it led the round alongside Gigascale. Allison Pickens Ventures, Friale, Sovereign's Capital, Pioneer Fund, Script Capital, and Lost Coast Ventures participated. The release, FinSMEs, Axios, and the issue name the same participants.
FinSMEs and the issue say the company intends to use the funds to develop its new sensor and capacity-planning products, expand its fault-training data, and deploy systems with additional grid operators. The Business Wire release uses the same sentence with "next-generation sensor" instead of "new sensor."
The release and FinSMEs name Daniel J. Hunter, co-founder and CEO, and Steve A. Bukowski, co-founder and CTO. The release quotes Hunter: "The goal is to find the problem while the lights are still on." It also quotes Mike Schroepfer, founder of Gigascale Capital. The founders do not have pages. Axios says the company was founded this year. No founding year is stored.
The release, FinSMEs, and Axios name Otero County Electric Cooperative in New Mexico. Axios also names Socorro Electric Cooperative and says those are the two customers to date. The release says the company is already monitoring 800 miles of power lines. Axios says hundreds of miles. The 800-mile figure is not stored as an agreed total.
Funding history
| Round | Date | Amount | Lead |
|---|---|---|---|
| Seed 2026 | 2026-11-05 | $6.3M | Gigascale Capital, South Park Commons |
Investors
- Gigascale Capital lead
- South Park Commons lead
- Allison Pickens Ventures participant
- Friale participant
- Sovereign's Capital participant
- Pioneer Fund participant
- Script Capital participant
- Lost Coast Ventures participant
Sources
Last verified:
- https://www.businesswire.com/news/home/20261105208735/en/As-Power-Demand-Surges-and-Wildfire-Shutoffs-Persist-Nyquis-Raises-$6.3M-to-Help-Utilities-Get-More-From-Their-Existing-Grid
Type: company announcement. Accessed 2026-11-09.
Business Wire release dated November 5, 2026, datelined San Francisco. Says Nyquis makes high-resolution, continuous monitoring systems for the electrical grid and announced a $6.3 million seed round co-led by Gigascale Capital and South Park Commons, with Allison Pickens Ventures, Friale, Sovereign's Capital, Pioneer Fund, Script Capital, and Lost Coast Ventures. Says the company will use the funding to develop its next-generation sensor and capacity-planning products, expand its fault-training data, and deploy systems with additional grid operators. The about line says the company is based in San Francisco and points to nyquis.com. Names co-founders Daniel J. Hunter, CEO, and Steve A. Bukowski, PhD, PE, CTO. Says the company is already monitoring 800 miles of power lines. Quotes Daniel J. Hunter and Mike Schroepfer, founder of Gigascale Capital. Names Otero County Electric Cooperative. The press contact email is not published. - https://www.finsmes.com/2026/11/nyquis-raises-6-3m-in-seed-funding.html
Type: reputable publication. Accessed 2026-11-09.
FinSMEs, November 9, 2026. Calls Nyquis a San Francisco, CA-based provider of continuous monitoring systems for the electrical grid and says it raised $6.3M in seed funding. Says the round was co-led by Gigascale Capital and South Park Commons with Allison Pickens Ventures, Friale, Sovereign's Capital, Pioneer Fund, Script Capital, and Lost Coast Ventures. Says the company intends to use the funds to develop its new sensor and capacity-planning products, expand its fault-training data, and deploy systems with additional grid operators. Names Daniel J. Hunter and Dr. Steve A. Bukowski. Names Otero County Electric Cooperative. Does not state a founding year. - https://www.axios.com/2026/11/05/nyquis-seed-grid-monitoring
Type: reputable publication. Accessed 2026-11-09.
Axios, Ben Geman, November 5, 2026. Says Nyquis raised $6.3 million in seed funding led by Gigascale Capital and South Park Commons, with Allison Pickens Ventures, Friale, Sovereign's Capital, Pioneer Fund, Script Capital, and Lost Coast Ventures. Says the firm was founded this year. That founding year is not stored, because only this source states it. Says Nyquis has two customers in New Mexico, Otero County Electric Cooperative and Socorro Electric Cooperative. Does not state a headquarters city or the 800-mile figure. - https://www.southparkcommons.com/news/why-spc-invested-in-nyquis/
Type: official investor website. Accessed 2026-11-09.
South Park Commons post by Evan Tana, November 5, 2026. Says SPC led Nyquis's seed round alongside Gigascale. Describes the sensor and names Daniel J. Hunter and Steve A. Bukowski. Does not state the dollar amount, the other participants, or a headquarters city. - https://script.capital/companies/nyquis/
Type: official investor website. Accessed 2026-11-09.
Script Capital portfolio page for Nyquis, read 2026-11-09. Lists Nyquis and names South Park Commons and Gigascale as investors. Does not state the dollar amount or the other participants. - https://buttondown.com/raisetrack/archive/raise-track-update-2026-11-09/
Type: other verified public source. Accessed 2026-11-09.
Raise Track Update for 2026-11-09, Section 1. Amount line $6.3M (Seed). Calls Nyquis a San Francisco, CA-based provider of continuous monitoring systems for the electrical grid. Says the round was co-led by Gigascale Capital and South Park Commons with Allison Pickens Ventures, Friale, Sovereign's Capital, Pioneer Fund, Script Capital, and Lost Coast Ventures. Says the company intends to use the funds to develop its new sensor and capacity-planning products, expand its fault-training data, and deploy systems with additional grid operators.