$58.5M in Serious C investment was raised by AiDash, an enterprise software as a service (SaaS) startup located in San Jose, California. The company uses satellites and artificial intelligence to help the critical infrastructure industries become more sustainable and climate resilient.
Investors
- Lightrock (led the $91.5 million round)
- Lightsmith Group
- Marubeni Corporation
- Duke Energy
- National Grid
- Edison International
- Sabanci Ventures
- SE Ventures
- G2 Venture Partners
- Benhamou Global Ventures
- Shell Ventures
The money will be used by the business to grow both its operations and growth initiatives.
Utilizing satellites and artificial intelligence, AiDash, led by CEO Abhishek Singh, is transforming vital infrastructure sectors into ones that are sustainable and immune to climate change. Customers in the construction, transportation, and gas and water utilities as well as the building and construction industry may improve their asset inspection and maintenance procedures and meet carbon capture targets and biodiversity net gain standards by utilizing its SaaS solutions.
“As we prepare for the next 100 years, it is more important than ever to ensure that we have reliable and sustainable infrastructure, as well as the ability to better predict, prepare for, and manage the impact of climate-related events.”
CEO Abhishek Singh
Concerning AiDash
Using satellites and AI, AiDash is transforming the critical infrastructure industries to be sustainable and climate resilient. Our full-stack SaaS solutions are revolutionizing asset inspection and maintenance for customers in the transportation, construction, and electric, gas, and water utilities industries. They also help them comply with carbon capture targets and biodiversity net gain standards. In the first year of deployment, our clients accomplish sustainability targets, cut costs, and generate a return on investment.