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Claros Raises $30M Seed Round Co-Led By General Catalyst and Red Cell Partners to Redefine Data Center Energy From Chip to Grid

Claros Raises $30M Seed Round Co-Led By General Catalyst and Red Cell Partners to Redefine Data Center Energy From Chip to Grid

April 7, 2026 Craig Etkin

MCLEAN, Va. & TORRANCE, Calif.–(BUSINESS WIRE)–Claros announced today it has raised an oversubscribed $30 million seed round co-led by General Catalyst and Red Cell Partners with participation from new and existing investors like Systemiq Capital, Aero X Ventures, Trenches Capital, and others.

“We must reinvent the entire power system with meaningful solutions that minimize energy waste so data centers can unlock greater efficiency and productivity.”Share

The demand that data centers place on power grids and electricity providers is unsustainable, as is the requirement for data center operators to settle for piecemeal generation for new construction projects. Claros is easing these problems with its chip-to-grid platform. That platform consists of an integrated voltage regulator (IVR), which delivers power directly to processing units, and Power Gateway, a DC-native power distributor that minimizes AC/DC conversion losses and integrates seamlessly with power sources, enabling data centers to deploy faster and operate more efficiently.

“We can’t ignore the immense energy demands that come with AI workloads and the strain they place on electrical grids throughout the United States and around the world. To address these concerns, we must reinvent the entire power system with meaningful solutions that minimize energy waste so data centers can unlock greater efficiency and productivity,” said Claros Co-Founder and CEO Daniel Kultran. “At Claros, we are committed to responsible power delivery—from the chip all the way to the meter. In the 13 months since our launch out of stealth, we’ve worked tirelessly to resolve this issue, demonstrating significant progress toward efficiency gains that point to a larger opportunity across the entire power stack. Our IVR is only the starting point in our quest to help data centers more efficiently source, store, and use power end-to-end.”

“The power infrastructure supporting AI is one of the most significant investment opportunities of our time,” said Paul Kwan, a managing director at General Catalyst. “Solving it requires rethinking the entire energy stack and a team with unique experience and technical depth to transform power management. In just 13 months, Daniel Kultran and the Claros team have made tremendous progress in modernizing power delivery from the chip to the grid.”

Since the company emerged from stealth with $9.75M in initial funding in February 2025, it has:

  • Fabricated three IVR designs, which are currently being tested in the company’s Los Angeles-area lab. A fourth IVR design will be submitted for fabrication based on customer requirements this spring
  • Completed initial hardware and software designs for Power Gateway, with a demonstration unit assembled for lab testing
  • Added 26 team members across its Los Angeles lab and Northern Virginia office

The first IVR design, dubbed T0, confirmed that the architecture worked as expected and showed a high correlation with internal modeling.

A1, a second, more advanced IVR design is currently on the test bench with results due soon. This design serves as the basis for a proprietary mesh network architecture that enables designers to scale power delivery from a single 40-amp module to clusters capable of delivering over 40,000 amps.

Together, IVR and Power Gateway address both sides of the data center energy problem: how power is delivered to the chip and how it is sourced and managed at the facility level.

“Better power delivery at the chip level is essential to unlocking the next generation of data center performance,” said Irena Spazzapan, managing partner at Systemiq Capital. “What stood out to us was Dan and the team’s track record in power electronics and their vision for the full power architecture, from chip to grid, making Claros exactly the kind of frontier company we are proud to back.”

With the new funding, Claros will expand its lab, grow the team, continue prototyping IVR and Power Gateway, and begin its first manufacturing runs, all in its effort to minimize energy waste while enabling greater productivity, cost savings, and more efficient power consumption in American data centers.

About Claros

Claros is a power management solutions company that’s leveraging innovative hardware and software to make AI infrastructure more efficient, more resilient, and more sustainable. By driving down the cost and complexity of power delivery and leveraging innovative hardware and software, the company seeks to decrease energy consumption, optimize power delivery, increase compute performance, and maximize the efficiency of AI operations. Founded in 2024, Claros is backed by Red Cell Partners, General Catalyst, VIPC, and others. Visit us at claros.tech and follow us on Linkedin.

About General Catalyst

General Catalyst is a global investment and transformation company that partners with the world’s most ambitious entrepreneurs to drive resilience and applied AI. We support founders with a long-term view who challenge the status quo, meeting them where they are, and partnering with them from seed to growth stage and beyond. With offices in San Francisco, New York City, Boston, Berlin, Bangalore, and London, we have supported the growth of 800+ businesses, including Airbnb, Anduril, Anthropic, Applied Intuition, Commure, Glean, Guild, Gusto, Helsing, Hubspot, Kayak, Livongo, Mistral, Ramp, Samsara, Snap, Stripe, Sword, and Zepto.

For more: www.generalcatalyst.com, @generalcatalyst

About Red Cell Partners

Red Cell Partners is a venture studio building rapidly scalable technology-led companies that are bringing revolutionary advancements to market in healthcare, cyber, and national security. United by a shared sense of duty and deep belief in the power of innovation, Red Cell is developing powerful tools and solutions to address our Nation’s most pressing problems. Visit us at redcellpartners.com and follow us on social media (LinkedIn, X, Instagram).

Contacts

press@redcellpartners.com

(c)2026 Business Wire, Inc., All rights reserved.


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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.

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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.

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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.
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