Fundz

Bidgely Raises $26 Million From Moore Strategic Ventures, Others

PRIVATESep 16, 2021

Amount Raised

$26 Million

Round Type

Funding Round

Mountain ViewSoftwareData And AnalyticsScience And EngineeringArtificial Intelligence

Description

New Delhi: Tech firm Bidgely on Thursday said it has raised $26 million (about Rs 190.8 crore) in funding led by Moore Strategic Ventures. The round also saw participation from Accurant International as well as existing investors like Future Energy Ventures, Georgian and Constellation Technology Ventures, a statement said.

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Company Information

Company

Bidgely

Location

Mountain View, California, United States

About

Tech firm Bidgely on Thursday said it has raised $26 million (about Rs 190.8 crore) in funding led by Moore Strategic Ventures. Bidgely is targeting multiple use cases, including AI-based short-term load forecasting, analytics-based customer indexing and asset predictive maintenance to solve multiple challenges for Discoms, the statement said.

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