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Aidash Secures $27M In Series B Funding To Prevent Wildfires And Power Outages With Ai-Powered Satellite Technology

Oct 14, 2021

Amount Raised

$27 Million

Round Type

Series B

Santa ClaraOtherSoftware

Description

AiDash, a leading provider of satellite and AI-powered vegetation management and sustainability solutions, today announced it has secured a $27 million Series B funding round. Led by G2 Venture Partners with participation from BGV, National Grid Partners, and additional strategic partners, this round brings the company’s total funding amount to $33 million. AiDash will use the funds to expand its vegetation management and sustainability products, helping utilities, energy, and other industries with geographically distributed assets transform their operations and maintenance activities.

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Company Information

Company

AiDash

Location

3031 Tisch Way

Santa Clara, California, United States

About

AiDash is an AI-first vertical SaaS company enabling satellite and AI powered operations, maintenance and sustainability for industries with geographically distributed assets. AiDash uses high-resolution multispectral and SAR data from the world’s leading satellite constellations that are fed into its proprietary AI models to make timely predictions at scale. These AI models empower AiDash’s full-stack applications that transform O&M for utility, energy, transportation, water and wastewater, mining and construction companies.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

AiDash raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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