Verse announced that it has raised an oversubscribed $54 million Series B funding round. The round was led by Bessemer Venture Partners, with participation from GV, NVIDIA, Norrsken VC, and others.
Verse is an energy infrastructure platform built for the AI economy. The company is launching Dispatch Intelligence, a new offering designed to help data centers come online faster by orchestrating on-site energy resources alongside existing grid infrastructure.
The company said power access has become a major constraint for AI growth as data center development outpaces traditional grid expansion. In many regions, data center developers face generation shortages, transmission bottlenecks, and long utility interconnection timelines that can delay new capacity for years.
Dispatch Intelligence is designed to help data centers become flexible loads and grid-responsive assets without impacting operations or reliability. Through a strategic partnership with Calibrant Energy, the platform uses battery systems and other technologies to reduce grid utilization during certain periods, helping developers accelerate interconnection approvals and improve speed to power.
Verse said this approach can help data centers continue running at full compute performance while presenting a more flexible load to the grid. The company said the system can also reduce grid and system costs while providing long-term price stability in volatile energy markets.
Verse is also integrating Dispatch Intelligence with NVIDIA’s DSX AI Factory reference design, which is designed to accelerate the construction, simulation, and operation of gigascale AI data centers.
The company’s core platform, Aria, is already used by Fortune 500 companies to manage complex energy portfolios. Aria centralizes utility bills, contracts, and power purchase agreements across thousands of sites, helping customers compare forecasts to actual performance, improve procurement decisions, optimize portfolios, and reduce costs and risk.
Dispatch Intelligence expands Verse’s role beyond energy management to include power access and delivery. The company said the new financing will support continued product development and deployment as demand grows.
Verse expects to onboard more than 100 sites over the next 12 months and expand the on-site battery capacity it manages.
Calibrant Energy provides on-site energy solutions for large power users, including battery energy storage, solar, and microgrid solutions. The company offers zero-capex options designed to help customers reduce energy costs while improving resiliency and sustainability.
KEY QUOTES:
“The race to AI is now a race to power, and developers are losing time they don’t have. Most approaches to data center flexibility ask you to throttle your workloads, but Dispatch Intelligence takes a different approach. By orchestrating physical storage on-site, we deliver flexibility without impacting compute so systems run full-tilt while the grid sees a flexible load, letting operators skip the queue without ever slowing performance.”
Seyed Madaeni, CEO and Co-Founder of Verse
“The main limiting factor for AI supremacy is access to power. To ensure success, data center developers and operators need a path to deploy infrastructure quickly and at scale. Together with Verse, we’re enabling a new model where power can be delivered on-site, on-demand, without waiting years for grid upgrades – and without impacting electricity costs for others.”
Philip Martin, CEO of Calibrant
“Verse is building the kind of technology every AI infrastructure company will need in a world increasingly constrained by power. Their platform continues to evolve to meet the moment. Now, with Calibrant Energy, the company is delivering a full-stack solution that helps data center developers bring new capacity online faster and more cost-effectively.”
Lindsey Li, Vice President at Bessemer Venture Partners
