AI Infrastructure
Emerald AI
AI Infrastructure
Emerald AI, founded in 2024 by Varun Sivaram and based in Washington, DC, builds a platform for interfacing power grids and data centers to manage AI-driven electricity demand; it raised $150 million in a Series A round led by DCVC and Energize Capital at a $1.05 billion valuation, with total equity funding of $216.5 million from backers including ADVentures and Aramco Ventures.
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