Emerald AI, a power infrastructure company focused on AI data centers, has raised $150 million in a Series A round at a $1.05 billion valuation, according to Reuters. The round was co-led by Energize Capital and DCVC, bringing the company’s total funding to more than $220 million. Emerald AI is working to turn AI data centers into flexible grid resources, targeting power supply constraints that have become one of the key bottlenecks for AI growth. The company said the new capital will be used to expand its global commercial deployment with AI companies, data center operators, and electric utilities.
Emerald AI, a power infrastructure company serving AI data centers, has raised $150 million in a Series A round at a $1.05 billion valuation, according to Reuters.
The financing was co-led by Energize Capital and DCVC. With the new round, the company’s total funding has climbed to more than $220 million.
Emerald AI is focused on turning AI data centers into flexible grid resources to address one of the biggest constraints on AI growth: power supply. The company said the fresh capital will go toward expanding its global commercial rollout with AI companies, data center operators, and power companies.
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