GridCARE Inks $64M Series A Financing

GridCARE raised an oversubscribed $64 million Series A led by Sutter Hill Ventures.

The round included strategic energy investors, philanthropies, university support, existing VCs, and individual backers.

The financing marks a major valuation increase from GridCARE’s previous round.

The new capital will help GridCARE expand its AI-focused power infrastructure business.