Splight raises $12M to unlock the potential of renewable energy sources with AI

July 24, 2024: Splight Secures $12M to Boost Clean Energy with AI - Grid operations startup Splight AI Inc. has raised $12 million in seed funding to scale its AI-powered grid management platform, which aims to alleviate grid congestion by doubling transmission capacity. The technology enhances energy reliability and accelerates the incorporation of distributed energy sources, such as batteries and rooftop solar. This investment will help Splight expand into North America and the EU, further developing its innovative solutions to reduce renewable energy waste and meet rising sustainability demands.