GridCARE: $64 Million Series A Raised To Create New ‘Power Acceleration’ Category For AI
By Amit Chowdhry ● Yesterday at 10:09 AM
GridCARE announced it has raised a $64 million oversubscribed Series A round to accelerate what the company describes as a new category called “Power Acceleration” for AI infrastructure. The financing was led by Sutter Hill Ventures, with participation from John Doerr, along with utility and institutional investors including National Grid Partners, Future Energy Ventures, Emerson Collective, Stanford University, and existing investors including Xora, Aina Ventures, Overture, Acclimate Ventures, and Clearvision Ventures.