According to filings with the U.S. Securities and Exchange Commission, GridCARE has raised $64 Million in new Series A funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.

Investors in the current round of funding include: Sutter Hill Ventures.

About GridCARE
GridCARE is an AI-focused power company that describes itself as the essential one-stop power solution for AI data centers, with a mission to deliver energy security and resilience at unprecedented speed. Its primary business is helping AI infrastructure developers and electric utilities identify and unlock unused capacity on todays grid so data centers can secure power faster without waiting for new construction. The company says its physics-based, AI-powered platform uses advanced models, grid simulations, and real-time system intelligence to find near-term capacity and accelerate interconnection. GridCARE presents itself as a bridge between power availability and AI growth, aiming to remove one of the biggest bottlenecks facing AI infrastructure deployment. The site also notes that the company was founded at Stanfords Doerr School and backed by leading AI and energy investors, and says its platform has already unlocked more than $10 billion in economic value by bringing hundreds of megawatts online years ahead of schedule.

To learn more, visit https://www.gridcare.ai/
Linkedin: https://www.linkedin.com/company/gridcare/

Contact:
Amit Narayan, Chief Executive Officer
https://www.linkedin.com/in/amitnarayan/

SOURCE: http://www.intelligence360.io
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