Phaidra (Series A)

Funding Details
Awarder
RSS - www.geekwire.com
Date Award
July 02, 2024
Vertical
AI software
Funding URL
View Funding Page
Funding Amount:
$12,000,000
Company Info
Founding Year
2019
Traction
Phaidra uses “agents” that monitor usage coming from a facility and can optimize cooling mechanisms, water conservation, power utilization, and more. In addition to data centers, the company also sells to customers in the pharmaceutical and energy industries.
Organizations Involved
Alphabet, DeepMind, Google, Microsoft, Dallas Mavericks
Founders
Jim Gao, Vedavyas Panneershelvam, Katherine Hoffman
Company Description
Phaidra provides AI and ML solutions to accelerate performance in large-scale industries.
Market
Data center energy consumption
Location
Seattle, WA, US
Coinvestors
Index Ventures, Starshort Capital, Helena, Flying Fish, Ahren Innovation Capital, Section 32, Character, Mustafa Suleyman, Mark Cuban
Links
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