AiDash Raises $58.5M in Series C to Bolster Climate Resilience in Infrastructure with AI and Satellite Technology.
AiDash uses cutting-edge satellite technology and AI to offer solutions to enhance the resilience and sustainability of critical infrastructure sectors such as electric, gas, and water utilities, transportation, and construction.
Company Name: AiDash
Location: San Jose, CA
Sector: Enterprise SaaS for Infrastructure Sustainability
Funding Details: Raised $58.5M in Series C funding, bringing the total funding to $91.5M. The round was led by Lightrock, with participation from Lightsmith Group, Marubeni Corporation, Duke Energy, National Grid, Edison International, Sabanci Ventures, SE Ventures, G2 Venture Partners, Benhamou Global Ventures, and Shell Ventures.
Purpose of Investment: To expand operations and enhance development efforts towards making infrastructure industries more climate-resilient and sustainable.
Leadership: Led by CEO Abhishek Singh.
“As we prepare for the next 100 years, it is more important than ever to ensure that we have reliable and sustainable infrastructure, and the ability to better predict, prepare, and manage the impact of climate-related events.” - Singh
Product: AiDash provides satellite and AI-based SaaS solutions that help utilities and infrastructure industries manage asset inspection, maintenance, and sustainability compliance, including biodiversity net gains and carbon capture objectives.
About Company: AiDash uses cutting-edge satellite technology and AI to offer solutions to enhance the resilience and sustainability of critical infrastructure sectors such as electric, gas, and water utilities, transportation, and construction.
