Vancouver startup FUTURi Power has secured investment from Two Small Fish Ventures, the Toronto-based venture capital firm co-founded by Wattpad entrepreneur Allen Lau.
The investment is aimed at transforming the traditional electrical panel—long considered “the last dumb box in the home”—into an intelligent, software-defined energy hub.
“Panels used to be passive,” said Dr. Martin Ordonez, professor at the University of British Columbia and founder of FUTURi Power. “The Energy Processor is active, safe, and software-defined. It gives homes and grids a common language.”
FUTURi Power’s Energy Processor is designed as a drop-in replacement for conventional breaker panels. By adding intelligence to load measurement and control, the system can help households avoid costly panel or service upgrades, smooth electricity demand for utilities, and better integrate renewable energy sources.
For homeowners, the technology promises more efficient and resilient energy use. For utilities, it offers a way to coordinate distributed energy resources and reduce the need for expensive infrastructure upgrades.
Lau said the investment aligns with Two Small Fish Ventures’ “Smart Energy” thesis, which focuses on applying the declining cost of computing power to transform legacy systems. “FUTURi is redefining how energy is managed at the edge,” he wrote in a blog post announcing the deal.
The Vancouver company’s approach highlights a growing trend in the electrification of homes and communities, where software and hardware convergence is seen as critical to balancing rising electricity demand.
With support from Two Small Fish Ventures, FUTURi Power joins a roster of Canadian startups working at the intersection of clean energy and deep technology—an area attracting increasing attention from investors and policymakers alike.
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