Phaidra Raises $12M to Advance AI-Control Systems for Data Centers
Phaidra is at the forefront of revolutionizing data center management by leveraging AI to continuously improve energy efficiency and operational stability.
Company Name: Phaidra
Location: Seattle, WA, USA
Sector: Technology, Artificial Intelligence, Energy Efficiency
Funding Details: Raised $12M in funding, bringing the total raised to $60.5M. The round was led by Index Ventures.
Purpose of Investment: To continue investing in research and development, implementation, customer success, and to expand go-to-market efforts.
Leadership: Led by CEO Jim Gao.
Product: Phaidra offers an AI-powered virtual plant operator designed to enhance energy efficiency, stability, and sustainability in mission-critical facilities like data centers. The company’s autonomous control systems use reinforcement learning to make real-time adjustments that optimize energy usage. These systems integrate into existing building management systems to collect real-time data, which is then processed by a cloud-based reinforcement learning agent that autonomously optimizes the settings of individual components for overall system performance.
About Company: Phaidra is at the forefront of revolutionizing data center management by leveraging AI to continuously improve energy efficiency and operational stability. The company’s technology not only adapts to real-time conditions but also learns and improves over time, offering significant cost savings and enabling more sustainable operations. With the new funding, Phaidra is poised to enhance its technological offerings and expand its market presence, helping data centers meet increasing demands with smarter, more efficient solutions.