Phaidra raises $12 million for a data center cooling control system

Jul 04, 2024•over 1 year ago

Amount Raised

$12 Million

SeattleArtificial IntelligenceSoftware

Investors

Index Ventures

Description

Seattle-based Phaidra has raised $12 million for its AI control system for data centers, with funding from Index Ventures. The company plans to use the money for R&D, implementation, and go-to-market efforts, aiming to deliver a more stable cooling system that runs on less energy.

Company Information

Company

Phaidra

Location

Seattle, Washington, United States

About

Phaidra builds intelligent control systems for the world's most complex industrial facilities. By combining reinforcement learning and domain expertise, Phaidra helps operators achieve unprecedented levels of efficiency, reliability, and sustainability. The company was founded by Jim Gao, who previously led Google DeepMind's industrial AI efforts; Vedavyas Panneershelvam, a primary engineer on AlphaGo; and Katherine Hoffman, an operations leader with experience at Trane and Raytheon. Together, they launched Phaidra to bring cutting-edge AI into real-world infrastructure at a moment when the energy demands of AI itself are skyrocketing.

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