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Splight has filed a notice of an exempt offering of securities to raise $10 Million in New Equity Investment.

Splight has filed a notice of an exempt offering of securities to raise $10 Million in New Equity Investment.

July 29, 2024 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Splight is raising up to $10,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Fernando Llaver played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Splight
Splight has developed and deployed a new digital technology to increase transmission capacity while adding reliability and flexibility to the grid. With Splight’s technology, any inverter-based resource can be used as a grid-friendly asset which can respond to contingencies in real–time while reducing or eliminating curtailment and congestion significantly. Splight solutions, ride on top of the existing infrastructure, and create value from data in real time. We have the experience. Professionals with 40+ years of experience in the energy industry, compounding technical, operations, regulatory and market knowledge to solve the industry problems from within. We have the innovation. Tier-one computer scientists on the edge of knowledge about processing tons of data with the deep knowledge in advanced algorithms and creating the most impactful digital infrastructure which can outperform any other industry-like technology.

To learn more about Splight, visit http://www.splight-ai.com/
Splight Linkedin Page: https://www.linkedin.com/company/splight/

Contact:
Fernando Llaver, Chief Executive Officer
415-688-5345

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.


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