PALO ALTO, CA, Buzz Solutions, an AI company focused on making energy infrastructure stable, smart and resilient, has raised a $3.3 million funding round.
The new funding will be used to continue building Buzz Solutions' technology that can accurately and efficiently inspect transmission, distribution, and substation infrastructure helping to prevent power outages, wildfires and other dangerous situations. Led by GoPoint Ventures with participation from MaC Venture Capital, this is the third round of funding for the company.
Buzz Solutions is a startup company safeguarding the world's energy infrastructure by providing AI-powered predictive analytics and actionable insights from infrastructure inspections. The company enables field teams to perform the prioritized maintenance in a timely manner reducing the likelihood of wildfires, forced shutdowns, and power outages resulting from failed grid infrastructure. Buzz has worked with several large utilities across North America, including the New York Power Authority and Newfoundland Power.
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