Indian startups raised $732 mn across 107 deals in January
Indian startups raised $732 mn across 107 deals in January
Stay updated with breaking news from Aidash. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Indian startups raised $732 mn across 107 deals in January
California startup AiDash, using AI and satellites, raised $50 million to spot fire and weather risks on power lines. This reflects Silicon Valley's efforts to help energy companies adapt to climate change. Power utilities face pressure to reduce forest fire and storm-based outages caused by power lines and weather events. The funding will also be used to establish a European headquarters. AiDash's AI technology searches satellite images for problems and changes along power utility transmission lines, aiding in maintenance priorities and cutting outages.
A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported on Tuesday it had raised $50 million in new funding, reflecting Silicon Valley efforts to create products that help energy companies adapt to climate change. Power utilities are under pressure to cut risks of forest fires and storm-based outages after massive fires have been sparked by power lines and weather events brought down lines. AiDash uses AI to search satellite images for problems and changes along power utility electric transmission lines, such as w...
AiDash and Schneider Electric join forces to launch Grid Resilience Offer to help utilities balance reliability, sustainability, and cost As the pace of the energy transition accelerates, grid infrastructure
41% of Chief Sustainability Officers (CSOs) do not use carbon offsets due to trust issues, with an additional 43% seeking assurance from rating agencies for validation Lack of uniformity in