Splight, founded in 2021, is at the forefront of revolutionizing grid infrastructure with its slogan, "Advanced Grid Technologies." Headquartered in the United States, the company leverages real-time data and cutting-edge machine learning to effectively double transmission capacity in electric grids. Their technology provides a critical operational layer, addressing pressing grid challenges more swiftly and efficiently than existing alternatives.
Operating at the intersection of AI and Information Technology, Splight recently closed a $12.00M Seed Round on 24 July 2024. This funding round attracted a diverse array of investors, including Draper B1, A/O PropTech, Draper Cygnus, EDP Ventures, Fen Ventures, Reaction, Barn Investments, Ascent Energy Ventures, U.C. Berkeley, and Elewit. The robust investor interest underscores confidence in Splight's innovative approach and potential market impact.