Gridcare thinks more than 100 MW of data center capacity is hiding in the grid

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Company Details

  • Startup: Gridcare
  • Founder: Amit Narayan
  • Fundraise Series: Seed Round
  • Amount Raised: $13.5 million
  • Date of Fundraise: Recently closed (exact date not specified)

Investors

  1. Xora (Temasek’s deep tech venture firm)
  2. Acclimate Ventures
  3. Aina Climate AI Ventures
  4. Breakthrough Energy Discovery
  5. Clearvision
  6. Clocktower Ventures
  7. Overture Ventures
  8. Sherpalo Ventures
  9. WovenEarth

Summary of Key Points

  • Gridcare aims to connect data centers with utilities to identify untapped power capacity.
  • The company utilizes generative AI to map the grid and forecast changes.
  • The service offered to data center developers involves unlocking megawatts of capacity with a nominal fee for the developers compared to the benefits gained.

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2025-05-27 12:00:00