Seattle-based startup Phaidra has received a $12 million investment led by Index Ventures for its “virtual plant operator” technology that uses artificial intelligence to manage industrial operations. The investment will be used to expand the company's industrial AI solutions and improve energy efficiency.
 

Phaidra 

Phaidra offers AI-based control systems to improve the energy efficiency of critical facilities such as data centers. The company's technology manages cooling systems and energy consumption by analyzing real-time data to optimize energy use in data centers and other industrial facilities. Phaidra CEO Jim Gao stated that data centers are becoming more efficient and sustainable thanks to this technology. Phaidra's autonomous systems are used not only in data centers, but also in the pharmaceutical and energy industries. The company offers AI solutions that continuously learn and adapt to use energy more efficiently and increase the reliability of operations. Gao stated that Phaidra aims to grow internationally with these solutions. 

Phaidra plans to accelerate its R&D, implementation and go-to-market efforts with the new $12 million investment raised. The investment brings the company's total capitalization to $60.5 million. By leveraging Index Ventures' scaling expertise, they aim to realize their growth plans. The company plans to expand its operations in regions with high energy costs