US EditionGridCARE Launches with a Mission to Eliminate AI's Biggest Bottleneck: Immediate Access to Power
- On May 27, 2025, GridCARE publicly launched in Redwood City, California, announcing a $13.5 million seed funding round—oversubscribed and led by Xora—to tackle power challenges facing AI data centers.
- The rapid expansion of AI technologies is driving a surge in electricity consumption, but lengthy delays imposed by utilities for grid access have forced data centers to invest in expensive on-site power generation.
- GridCARE uses advanced AI to identify untapped grid capacity and reduces time-to-power from five to seven years down to six to twelve months without new construction.
- Founder Amit Narayan highlighted that access to sufficient electrical capacity—exceeding 100 megawatts—is a critical factor in rapidly advancing AI infrastructure development.
- GridCARE’s platform enables faster, reliable energy access, potentially shaping the next AI innovation wave, with backing from climate and AI investors signaling broad recognition of this challenge.
11 Articles
11 Articles
GridCARE Launches with a Mission to Eliminate AI's Biggest Bottleneck: Immediate Access to Power
REDWOOD CITY, Calif., May 27, 2025 (GLOBE NEWSWIRE) -- GridCARE, a new company powering the AI revolution, emerged from stealth today. The company has closed a highly oversubscribed $13.5 million Seed financing round led by Xora, a deep technology venture capital firm backed by Temasek. The explosive growth of AI has created unprecedented demand for power, expected to more than double by 2050. While AI infrastructure developers scramble to secur…
Deals in brief: Temasek’s Xora invests in GridCare, Airwallex raises Series F funding, Antler backs three early-stage SEA startups, and more
GridCare raises USD 13.5 million to ease power strain in AI data centers GridCare, a US-based startup optimizing energy access for data centers, has raised USD 13.5 million in an oversubscribed seed round led by Xora, a deep tech fund backed by Temasek. Other backers include Aina Climate AI Ventures, Sherpalo Ventures, Breakthrough Energy Discovery, and several unnamed investors. The company focuses on resolving power bottlenecks in artificial i…
GridCARE Launches with $13.5M to Speed AI Data Center Power Access - HostingJournalist.com
GridCARE, a startup driving the AI revolution, came out of stealth. The business has secured a $13.5 million seed fundraising round that was heavily oversubscribed and sponsored by Temasek-backed deep technology venture capital firm Xora. AI's rapid development has led to an unprecedented demand for electricity, which is predicted to more than quadruple by 2050. Much of the grid's capacity is still hidden as developers of AI infrastructure race …
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Kingston Whig-StandardMountBay Energy Launches to Power the AI Revolution with Clean Energy Infrastructure
New York, New York, 05/28/2025 / SubmitMyPR / Entrepreneur Vrushabhraj Tanawade announces the launch of MountBay Energy LLC, a direct response to meeting the exploding energy demand with sustainable, utility-scale infrastructure across the United States. MountBay Energy LLC MountBay isn’t just another clean energy company. It’s a strategic response to a growing energy crisis that could threaten both technological progress and environmental susta…
Temasek-backed GridCARE closes oversubscribed $13.5M seed financing round led by Xora
GridCARE, a new company powering the artificial intelligence (AI) revolution, has closed a highly oversubscribed $13.5 million Seed financing round led by Xora, a deep technology venture capital firm backed by Temasek. GridCARE said in a statement on Tuesday that in addition to Xora, the firm has also received investments from Aina Climate AI Ventures, Sherpalo Ventures, Breakthrough Energy Discovery, Overture Ventures, WovenEarth, Acclimate Ven…
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