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GridCARE Inks $64M Series A Financing

2026-05-18
REDWOOD CITY, CA, GridCARE, the pioneer of Power Acceleration for AI, announced the closing of its $64 million oversubscribed Series A financing led by Sutter Hill Ventures.
GridCARE, the pioneer of Power Acceleration for AI, announced the closing of its $64 million oversubscribed Series A financing, representing a significant step-up in valuation from its previous round less than a year ago. The round was led by Sutter Hill Ventures. The round also includes John Doerr and additional participants include utility strategics National Grid Partners and Future Energy Ventures; Laurene Powell Jobs' Emerson Collective; Stanford University; and existing investors Xora, Aina Ventures, Overture, Acclimate Ventures, and Clearvision Ventures, alongside several prominent individuals and family offices deeply involved in the AI infrastructure buildout.
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