AI-SaaS Firm AiDash Secures $58.5M in Series C Funding
- ByStartupStory | May 1, 2024
AI-SaaS company AiDash has announced the successful closure of its Series C funding round, raising an impressive $58.5 million. The funding was led by global private equity platform Lightrock, with participation from a consortium of notable investors.
This latest round of financing follows on the heels of an earlier $50 million funding achieved in January of this year, further solidifying AiDash’s position as a key player in the sustainability technology sector. The Series C round drew support from private equity firm Lightsmith Group, Japanese conglomerate Marubeni Corporation, and notable utility investors including Duke Energy, National Grid, and Edison International.
Commenting on the achievement, Abhishek Singh, Co-founder and CEO of AiDash, expressed gratitude towards the global investors and partners who have embraced the company’s vision. “We are humbled by the interest from global investors and partners in our company’s mission and our satellite-first products,” remarked Singh. He emphasized the critical importance of reliable and sustainable infrastructure in mitigating the impact of climate-related events.
The funds raised will empower AiDash to further develop and deploy innovative AI-dr
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