GridCARE raises $64M
GridCARE announced a Series A round of $64M on 14 May 2026. The company operates in Climate & Energy and is based in United States. It was founded by Amit Narayan, Co-founder & CEO.
Founder
Amit Narayan
Co-founder & CEO, GridCARE
Outreach angles
- -Amit Narayan previously founded Berkeley Design Automation, acquired by Mentor Graphics, showing a track record of building and exiting deep-tech companies.
- -He also founded energy AI pioneer AutoGrid, acquired by Schneider Electric, where he pioneered VPP and DERM technology now mainstream in the energy industry.
- -The oversubscribed $64M Series A led by Sutter Hill Ventures and John Doerr followed GridCARE unlocking over $10 billion in economic value for data center developers across more than 2 GW of new AI compute capacity.
Signals
Series AClimate TechAI-NativeDeep TechSecond-Time FounderEnterprise
Round details
Company: GridCARE
Domain: gridcare.ai
Amount: $64M
Stage: Series A
Industry: Climate & Energy
Country: United States
Announced: 14 May 2026
Other Climate & Energy raises
Recently funded in United States