Future Energy Ventures joins GridCARE USD 64 million Series A round led by Sutter Hill Ventures
- Future Energy Ventures participated in GridCARE’s Series A financing round of $64 million.
- GridCARE develops AI software for utilities and data center developers to identify available grid capacity, accelerate interconnections, and manage flexible power delivery in real time.
- The round was led by Sutter Hill Ventures, with participation from Doerr Capital and National Grid Partners.
- GridCARE plans to use the proceeds to expand go-to-market efforts and speed product development as it scales into additional utility territories.
- GridCARE has signed utility partnerships with Portland General Electric and National Grid, including a project cited as unlocking 400 MW of data center capacity.
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