GridCARE raises $64m Series A for grid-capacity software
Sutter Hill Ventures, John Doerr, National Grid Partners and other investors participated in the financing.
GridCARE raised $64 million in Series A financing on May 14. Participants included Sutter Hill Ventures, John Doerr, National Grid Partners, Future Energy Ventures, Emerson Collective, Stanford University, Xora, Aina Ventures, Overture, Acclimate Ventures and ClearVision Ventures. Its physics-based AI identifies latent electricity-grid capacity for new power demand.