Splight, a San Francisco, CA-based AI startup which specializes in grid operations technologies, raised $12M in Seed funding.
The round was led by noa (formerly A/O) and joined by EDP Ventures, Elewit, Draper Cygnus, Draper B1, Ascent Energy Ventures, Fen Ventures, Reaction Global, Barn Investments, and the UC Berkeley Foundation, among others.
The company intends to use the funds to expand its North America and EU presence and continue to grow its development, implementation, and leadership teams.
Founded by Thomas Vadora, Fernando Llaver, and Carlos Caldart, Splight is an AI startup that addresses the global, multi-generational challenge of clean energy at scale via new AI-based technology for advanced grid operations that tackles congestion using inverter-based resources (IBRs). The company reduces curtailment and accelerates the connection of utility-scale renewable power plants and the deployment of DERs and batteries.
FinSMEs
24/07/2024