The startup is developing sensors and software that help electricity operators identify problems on transmission and distribution infrastructure before they become larger failures.
Nyquis has raised $6.3 million in seed funding co-led by Gigascale Capital and South Park Commons.
Other investors include Allison Pickens Ventures, Pioneer Fund, Script Capital and additional backers.
Announced November 5, the financing will support the company's technology for monitoring electricity infrastructure.
Nyquis was founded in 2026 and is led by co-founder and CEO Daniel Hunter.
Its principal product, Nyquis Node, collects detailed information about electrical conditions at substations and other infrastructure points.
The system is intended to help utilities identify abnormalities, detect faults and make better use of existing electricity networks.
In one early deployment with Otero County, the company's technology identified multiple potential infrastructure problems during a windstorm, including tree branches repeatedly contacting power lines.
Electric utilities face increasing pressure from rising electricity demand, extreme weather and aging infrastructure.
Building entirely new transmission infrastructure is expensive and often takes years.
Nyquis is pursuing an alternative opportunity: helping operators obtain more reliable information from the infrastructure they already own.
Its business model will depend on winning utility customers and demonstrating measurable improvements in reliability and operational efficiency.
The company has not publicly disclosed revenue, commercial deployment volume or profitability.
The seed funding will support further product development and expansion into the utility market.
Source: Axios