intelligence360
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Launch of GridFree AI Enables Rapid Data Center Deployments

Launch of GridFree AI Enables Rapid Data Center Deployments

June 3, 2025 Craig Etkin

Former BP and Microsoft executives lead the full stack platform

HOUSTON–(BUSINESS WIRE)–GridFree AI, the latest company incubated by Montauk Climate, emerges with a novel end-to-end data center infrastructure solution that dramatically reduces development timelines. The company today announced it has raised $5 million in funding led by Giant Ventures, with participation from Amplo. GridFree AI is led by a former BP executive and a senior global leader from Microsoft.

A New Model for Rapid Data Center Deployment

At the core of GridFree AI’s innovation is the Power Foundry™ platform, which seamlessly integrates grid-independent power, battery storage, and cooling with data center infrastructure. This groundbreaking approach facilitates the rapid global expansion of AI and cloud computing systems, enabling the deployment of computing resources in previously inaccessible locations. The initial selected sites are situated in jurisdictions with favorable regulations, abundant natural gas, land, and fiber, all within proximity to carbon storage infrastructure to support net-zero operations.

A Leadership Team with Synergistic Strengths

GridFree AI was cofounded by Patrick Yantz, a former Global Edge Operations leader at Microsoft with over 25 years of hands-on experience in building, operating, and evolving hyperscale and modular data center infrastructure, and by Ralph Alexander, former Chairman and CEO of Talen Energy and former CEO of BP’s Global Gas, Power, and Renewables unit. The entire leadership team brings together unique expertise in energy systems integration, computing infrastructure, and harnesses unique cross-disciplinary expertise to transform innovative concepts into practical and scalable solutions designed for the AI era.

Patrick Yantz commented: “Our team unites the strengths of critical industries striving to address AI growth challenges to provide the comprehensive solutions our customers need. Our Power Foundry™ brings proven power and cooling industrialization and scale to the data center industry with unparalleled efficiency while maintaining familiar reliability and resiliency. This marks a new era for computing infrastructure, and we’re proud to lead the way.”

Power Foundry™ Platform Advantages

The Power Foundry™ platform accelerates compute revenue by 3-5 years vs. the grid. The platform is designed to deliver grid-independent computing infrastructure by converting natural gas into electricity and cooling with upwards of 90% efficiency, far surpassing 36% from the grid. Unlike the grid, Power Foundry™ delivers constant power and simplifies the building and maintenance of data centers, resulting in a 1/3 reduction in CAPEX and OPEX through the elimination of legacy infrastructure. The efficiency of the overall solution enables a 50% increase in available power for IT loads, enabling the deployment of more computing capacity and increasing the revenue potential of each data center. The platform is designed for flexibility, supporting both greenfield sites and expansions in areas with unreliable grid access, and is engineered for future integration with next-generation energy sources such as Small Modular Reactors (SMRs).

Tommy Stadlen, Founding Partner at Giant Ventures, commented: “GridFree AI enables the century’s two great megatrends – AI and energy efficiency. US energy demand is surging for the first time in two decades. We urgently need energy efficient data centers that can roll out radically faster if the West is to win in the AI era. That’s why we’ve backed this uniquely experienced founding team.”

Modular, Transportable, and Data-Driven

GridFree AI’s team of seasoned experts seamlessly integrates industry modularization into their engineered solutions, enabling flexible deployment strategies on land or sea. Each installation generates operational data that feeds into the company’s optimization systems, creating a network effect that continuously enhances platform performance. Real-time optimization across deployments further boosts efficiency, setting GridFree AI apart from conventional solutions.

Philip Krim, Co-Founder and CEO of Montauk Climate, added: “At Montauk Climate, we recognize that the race to scale AI is ultimately a race to deliver the energy and infrastructure that powers it. We supported GridFree AI because their breakthrough platform combining advanced energy technologies with rapid, modular deployment meets the unprecedented demand for computing capacity. By uniting proven leaders from technology and energy, GridFree AI is uniquely positioned to deliver pragmatic, scalable solutions that enable AI’s growth.”

Growing Interest from Hyperscale Customers

GridFree AI is engaged in discussions with major industry players about potential partnerships as the need for rapid, flexible, and efficient computing capacity continues to rise. The company’s approach has been validated by organizations seeking to scale infrastructure quickly while retaining adaptability for future technology integration.

About GridFree AI

GridFree AI leads innovation in infrastructure with its Power Foundry™ technology, the result of a collaborative vision from leaders with expertise in energy, hyperscalers, and large-scale project delivery. GridFree AI’s integrated solution eliminates dependence on established electrical grids and accelerates deployment through optimized data center architecture, greatly enhancing operational efficiency. The company serves hyperscale computing enterprises, colocation facilities, and organizations focused on artificial intelligence, enabling swift infrastructure establishment in previously unviable locations.

About Montauk Climate

Montauk Climate is a venture studio and fund that builds and invests in companies of consequence that will thrive in the emerging Electron Economy. The electron is now the fundamental building block of our modern economy – powering AI, electrifying homes and buildings, and reshaping mobility and supply chains. We leverage our expertise in emerging technologies, capital markets, infrastructure, and sustainability to drive exceptional outcomes.

About Giant Ventures

Giant Ventures is a multi-stage venture firm backing purpose-driven technology founders addressing climate, health, and inclusive capitalism across the UK, US, and Nordics. The firm has a consistent record of partnering with experienced entrepreneurs behind leading technology companies.

About Amplo

Amplo is a global venture capital platform focused on building impactful companies. Its portfolio spans six continents and includes over 50 companies across financial technology, artificial intelligence, education, mental health, and software industries.

Contacts

Media
Prosek Partners for Montauk Climate
Pro-montaukclimate@prosek.com

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, GridFree AI, Houston, Venture Capital

Post navigation

NEXT
Yieldstreet Secures $45 Million in Series D Financing to Expand Opportunities in Private Markets
PREVIOUS
Growve Secures Majority Equity Investment led by Palm Beach Capital and Debt Financing from TCW and NMP Capital
Comments are closed.

Source: http://go.intelligence360.io/ and https://intelligence360.news/

Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
Subscribe

Categories

Recent Posts

  • Executive Change: CyrusOne Appoints Bob Hennegan as Senior VP U.S. Operations June 30, 2026
  • Green Fuels Operating plans expansion in Duncan Oklahoma creating 80 new jobs. June 30, 2026
  • CQT Weapon Systems plans expansion in Macomb Michigan creating 136 new jobs. June 30, 2026
  • AmbioPharm plans expansion in North Augusta South Carolina creating 202 new jobs. June 30, 2026

Archives

© 2026   Copyright SI360 Inc. All Rights Reserved.