Emerald AI, a company that transforms data centers into flexible grid assets, raised $150 million in Series A funding at a $1.05 billion valuation. The round was co-led by Energize Capital and DCVC, with participation from strategic investors like NVIDIA and Siemens. The funds will scale its power-flexible AI data center technology globally.
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Emerald AI announced a $150 million Series A funding round at a $1.05 billion valuation. Its software platform can transform AI data centers into flexible loads for the power grid, dynamically adjusting power consumption during grid stress. The company claims multi-megawatt commercial deployments and plans to build the world's first nearly 100-megawatt 'power-flexible AI factory.'
Emerald AI announced on August 28, 2026, the completion of a $150 million Series A funding round at a $1.05 billion valuation. The round was oversubscribed and co-led by Energize Capital and DCVC. The company now counts 12 Fortune Global 500 companies as investors, including NVIDIA, Samsung Ventures, Siemens, and Salesforce Ventures. Other participants include Aramco Ventures, GE Vernova, RWE, JERA Ventures, In-Q-Tel, Radical Ventures, Energy Impact Partners, Lowercarbon Capital, John Doerr, Tom Steyer, and others.
John Tough, Managing Director at Energize Capital, one of the lead investors, stated that the constraint on AI is no longer chips or capital but electricity, and software is the fastest way to address this bottleneck. Zachary Bogue, co-founder of DCVC, noted that the platform transforms data centers into grid-responsive assets rather than energy-consuming burdens.
This report is primarily based on a company press release and is a source statement, not independently verified. Specific figures such as funding amount, valuation, and project capacity are from company announcements and should be considered company claims rather than established facts.
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