Emerald AI

Raised $150M, announced 26 August 2026.

Round

Emerald AI raised $150 million at a $1.05 billion valuation to make AI data centres support electricity grid operations.

Amount
$150M
Announced
26 August 2026
Leads
Energize Capital, DCVC
Other investors
Nvidia, Samsung Ventures, Siemens, Aramco Ventures, RWE, JERA Ventures, ADVentures, Sabanci Climate Ventures, Energy Impact Partners, Lowercarbon Capital
Use of funds
Take its grid-flexibility technology for AI data centres everywhere AI is built.
Valuation
$1.1B
Checked
Amount and date matched across 2 press sources

Company

Develops AI data centre systems that support electricity grid operations

Based in
Washington, D.C.
Founded
2024
Sector
AI
Website
emeraldai.co ↗

Founder

  • Varun Sivaramfounder and CEO

Sources and links

Sources
Emerald AI raises $150M at $1.05B to turn AI data centres into grid allies techfundingnews.com
Emerald AI raises $150M at $1.05B valuation yourstory.com
Website
emeraldai.co ↗
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