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GridCARE Raises $64M for AI-Powered Grid Capacity
Published 2 days, 8 hours ago
Description
GridCARE, an AI-powered startup, secures $77.5M in Series A funding to optimize power grid capacity for data centers. Led by Sutter Hill Ventures and John Doerr, they aim to alleviate energy strain caused by AI boom and data center growth. GridCARE partners with Portland General Electric to unlock 400MW in Oregon, planning to triple their team and reach $60M in deals by year-end.
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