Your Source for Venture Capital and Private Equity Financings

AiDash Lands $58.5M Oversubscribed Series C

2024-04-30
SAN JOSE, CA, AiDash today announced the official closing of its Series C funding round at $58.5 million.
AiDash, an enterprise SaaS company making critical infrastructure industries climate resilient and sustainable with satellites and AI, today announced the official closing of its Series C funding round at $58.5 million. The company's Series C round, initially at $50 million, was oversubscribed and drew in additional investors, including leading private equity firm Lightsmith Group, and Japanese conglomerate, Marubeni Corporation. This brings the company's total funding raised to date to $91.5 million.

The Series C round included a new utility investor, Duke Energy, plus previous strategic North American utility investors National Grid and Edison International; it also included new strategic investors Sabanci Ventures in EMEA, and Marubeni Corporation in the Asia-Pacific region. All other investors from prior rounds also participated, including SE Ventures, G2 Venture Partners, Benhamou Global Ventures, and Shell Ventures.

AiDash is making critical infrastructure industries climate-resilient and sustainable with satellites and AI. Using our full-stack SaaS solutions, customers in electric, gas, and water utilities, transportation, and construction are transforming asset inspection and maintenance - and complying with biodiversity net gain mandates and carbon capture goals. Our customers deliver ROI in their first year of deployment with reduced costs, improved reliability, and achieved sustainability goals.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors