Startup · United States
Emerald AI
HQ Washington, District of ColumbiaFounded 202411-50 employeesUpdated
Emerald AI turns AI data centers into flexible grid assets, unlocking power capacity for AI while protecting grid reliability and energy affordability.
Funding7 rounds · $225M
- Equity raised
- $225M
- Latest
- $150MSeries A · Aug 25, 2026
- Last valuation
- $1.05B?Basis not stated · Series A · Aug 25, 2026
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Aug 25, 2026 | Series A | $150M | $1.05B? | DCVC, Energize Capital | Emerson Collective, Energy Impact Partners, General Catalyst, In-Q-Tel, Lowercarbon Capital, Radical Ventures, Salesforce Ventures | Confirmed |
| Mar 31, 2026 | Seed | $25.0M | — | Energy Impact Partners | In-Q-Tel, Lowercarbon Capital, Radical Ventures, Salesforce Ventures | Confirmed |
| Mar 18, 2026 | Strategic | Undisclosed | — | Siemens Smart Infrastructure | — | Confirmed |
| Oct 29, 2025 | Seed | $18.0M | — | Lowercarbon Capital | Founders You Should Know, Radical Ventures, Salesforce Ventures, Trust Ventures | Confirmed |
| Sep 15, 2025 | Strategic | Undisclosed | — | — | — | Reported |
| Jul 1, 2025 | Seed | $24.5M | — | Radical Ventures | CRV | Confirmed |
| Dec 10, 2024 | Seed | $7.3M | — | — | — | Reported |
- Series ALed by DCVC, Energize CapitalWith Emerson Collective, Energy Impact Partners, General Catalyst, In-Q-Tel, Lowercarbon Capital, Radical Ventures, Salesforce VenturesValuation $1.05B?Confirmed$150MAug 25, 2026
- $25.0MMar 31, 2026
- UndisclosedMar 18, 2026
- $18.0MOct 29, 2025
- StrategicUndisclosedSep 15, 2025
- $24.5MJul 1, 2025
- Seed$7.3MDec 10, 2024
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems1
- Emerald ConductorA flexibility management platform that connects utilities and AI data centers to orchestrate power use and workload scheduling.
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Power, grids and energy storage | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Turns AI data centers into flexible grid assets for grid reliability; no defense use stated. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Turns AI data centers into flexible grid assets for grid reliability; no defense use stated.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People1
| Person | Role |
|---|---|
| Varun Sivaram · LinkedIn ↗ | Founder and CEO |
Sources10
Profile2
- 1
PitchBook · Supports Organization · employee range, Organization · founded year, Organization · linkedin url, Organization · x url
“employee_range: 11-50 (profile: 48)”
- 2
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "USA", "hq_iso2": "US", "id": "308f0aaf-a18e-415b-8c25-8bf2f7185aa2"}”
Systems1
- 3CompanyEmerald AI
Emerald AI · Supports Organization · description, Organization · name, Organization · website, System
“Emerald AI turns AI data centers into flexible grid assets, unlocking power capacity for AI while protecting grid reliability and energy affordability.”
Funding6
- 4
Emerald AI · Aug 25, 2026 · Supports Funding round, Funding round · amount, Funding round · investors, Funding round · post money valuation usd, Organization · ownership
“today announced it has raised $150 million in an oversubscribed Series A financing at a valuation of $1.05 billion. The round was co-led by Energize Capital and DCVC, joined by a global group of leading financial and strategic investors–the company now counts 12 Fortune Global 500 companies as investors. With five global demonstrations complete, Emerald AI's technology is now”
- 5
Emerald AI · Mar 31, 2026 · Supports Funding round · amount
“we have raised $25 million in a Strategic Expansion Round”
- 6
Siemens · Mar 18, 2026 · Supports Funding round
“Strategic investment in Emerald AI bridges gap between AI compute demand and grid constraints through IT/OT convergence”
- 7
Emerald AI · Oct 29, 2025 · Supports Funding round, Funding round · amount
“The seed extension was led by Lowercarbon Capital”
- 8
Emerald AI via PR Newswire · Jul 1, 2025 · Supports Funding round · amount
“$24.5 million in seed funding led by Radical Ventures”
- 9
LinkedIn · Supports Funding round, Organization · employee range, Organization · founded year, Organization · hq region, Organization · linkedin url
“funding round: Corporate Round, 2025-09-15, lead: National Grid”
People1
- 10
Crunchbase · Supports Organization · employee range, Organization · hq city, Organization · linkedin url, Organization · x url, Role
“employee_range: 11-50 (profile: 11-50)”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.