AiDash Receives Investment from Sabancı Climate Ventures

AiDash is an startup that prevents weather-related power outages with artificial intelligence. It had previously received $ 50 million investment in the C series investment round. According to new information shared by AiDash, Sabancı Holding was included in the startup's $ 50 million C series investment round. The investment was made through Sabancı Climate Ventures, Sabancı Holding's investment arm focusing on energy and climate technologies.

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AiDash

It should be noted that no information was shared about the financial details of the investment agreement between AiDash and Sabancı Climate Ventures. Other participants in AiDash's $50 million C series investment round include Lightrock, SE Ventures, G2 Venture Partners, Benhamou Global Ventures, National Grid Partners, Edison International and Shell Ventures.

It should be remembered that the company also included Duke Investments in the C series investment round last February. The startup was founded in 2019 by Abhishek Vinod Singh, Nitin Das, Rahul Saxena in the US. It offers solutions focused on improving the reliability of power lines using artificial intelligence and satellite data. Meanwhile, AiDash has raised more than $ 83 million in investments to date.