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GridCARE Raises $64 Million Series A from Leading AI and Energy Investors

From Business Wire

By

May 14, 2026

GridCARE Raises $64 Million Series A from Leading AI and Energy Investors

GridCARE Raises $64 Million Series A from Leading AI and Energy Investors
GridCARE, the pioneer of Power Acceleration for AI, announced the closing of its $64 million oversubscribed Series A financing led by Sutter Hill Ventures. Additional investors include John Doerr, National Grid Partners, Future Energy Ventures, and Stanford University.\n\nGridCARE uses artificial intelligence to unlock underutilized electrical grid capacity, enabling data center developers to secure power in 6-12 months instead of 5-7 years. The company partners with major utilities including Portland General Electric, where it has accelerated five data center interconnections representing 80 MW in 2025, ramping to 400 MW by 2029.\n\nThe funding will support GridCARE expansion across more than a dozen markets representing over 2 GW of capacity.

View original article on businesswire.com

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