Cisco Invests in AI Startup Focused on Grid Optimization

By Global Infrastructure Sherpa · Oct 27, 2024

Investment Utilities announced United States Oct 27, 2024

USD10M

Deal Value

Cisco invested $10 million in GridAI, an AI startup focused on optimizing grid operations. GridAI's technology uses AI to improve the efficiency and reliability of the electric grid.

Source Intelligence

low quality Enriched Feb 19, 2026

Timeline

Announced

Oct 27, 2024

Signed

Closed

Counterparts (2)

Developer

GridAI

company

Grid AI is a company focused on simplifying and accelerating the development of AI models. They prov...

Investor

Cisco Systems, Inc.

company · 1 deals

Cisco Systems, Inc. is a technology company focused on networking, security, collaboration, and obse...

Market Context

This deal is part of the Utilities sector in United States.

Utilities deals

565

deals in United States

Source

www.greentechmedia.com

1 of 65 Utilities deals tracked this month · Updated daily

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Cisco Invests in AI Startup Focused on Grid Optimization

Source Intelligence

Timeline

Counterparts (2)

Market Context

Source

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