Washington, United States
Rhizome, founded in 2023, stands at the forefront of innovation in the intersection of AI and energy, building solutions to mitigate climate-related risks in power grids. Headquartered in the United States, their offering is particularly timely as climate change intensifies weather extremes.
The company's slogan, "Building AI-powered software at the intersection of climate risk and the power grid," succinctly encapsulates its mission. Rhizome's software enables electric utilities to identify grid vulnerabilities and evaluate infrastructure investment benefits at high resolution, a value proposition that addresses an urgent market need in safeguarding infrastructure and communities.
Their recent funding activity includes a $1.00M Seed Round investment on 17 June 2024, led by Convective Capital. This influx of capital is a testament to investor confidence in their model and potential. With a strategic focus in AI, energy, and enterprise software, Rhizome presents a compelling opportunity for investors seeking impact and innovation in critical infrastructure resilience.
