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Grid AI, From the Makers of PyTorch Lightning, Emerges From Stealth With $18.6m Series A to Close the Gap Between AI Research and Production

Oct 08, 2020about 5 years ago

Amount Raised

$18 Million

Round Type

series a

Description

Grid, the company pushing new state-of-the-art standards in AI, announced today that it has raised $18.6 million in Series A funding led by Index Ventures with participation from Bain Capital Ventures and Firstminute. Grid enables companies of all sizes to train state-of-the-art AI models on hundreds of cloud GPUs and TPUs. Grid’s breakthrough technology enables machine learning engineers, data scientists and AI researchers to focus on solving problems and building products at the scale available to only the most sophisticated AI companies in the world.

Company Information

Company

GridAI Technologies

About

GridAI Technologies Corp. is a newly branded company focused on grid-edge intelligence solutions. Following its acquisition of GRID AI Corp, it aims to enhance energy management through AI and machine learning. The company operates as a publicly listed entity on Nasdaq. Its mission includes improving the reliability and resilience of the energy grid.

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