Splight

We are happy to participate in the discussion on Electric System Control tomorrow at the IEEE International Automation Conference. Alberto Durán will represent Splight. We hope to see you all there!

?? Out of nearly 100 energy tech ventures, Splight was selected by investors as one of the “10 Most Promising Companies” at the 21st Annual Rice Alliance Energy Tech Venture Forum hosted by the?Rice Alliance for Technology and Entrepreneurship?on September 11-12, 2024. The event was an anchor event for the inaugural Houston Energy and Climate Startup Week, bringing global attendees to Houston. More than 75 investor groups participated in one-on-one meetings during office hours with companies, and there were nearly 750 meetings. From that, they chose 10 companies that represented the most promising based on those that have an innovative technology that is solving a large problem, have customers willing to pay for it and have the right team to build and grow their company. #EnergyTech #Innovation #FutureOfEnergy #Sustainability #CleanEnergy #ClimateTech #Entrepreneurship

Following our Seed funding round in July, our Co-founder & CEO, Fernando Llaver, spoke to Ed Reed at Energy Voice about navigating the complex fundraising environment ?? As many governments around the world set out their ambitious plans for the energy transition, we’re scaling the tech needed to make it a reality, sourcing the right financing along the way ? Read the article here to find out more: https://lnkd.in/dbg7GYGQ #energy #tech #fundraising

We're excited to announce the newest AWS Clean Energy Accelerator 4.0 (CEA) cohort! https://go.aws/3YJs1ki 21 startups joining us from around the world addressing some of the biggest challenges in the energy industry with advanced solutions in #generativeAI, energy storage, grid modernization, water technology, and alternative fuels. ?? This group will focus on customer trials and international deployment of clean energy solutions with our piloting partners and receive: ?? Dedicated in-person meetings with our global CEA piloting partners and investors ?? Up to $100K in AWS Activate credits ?? Mentorship and connection with Amazon subject matter experts ?? Innovation Showcase for exposure to global audience Learn more about Clean Energy Accelerator: https://go.aws/3YJs1ki

??Big news! We are excited to announce that Splight has been selected for the AWS Clean Energy Accelerator 4.0 cohort out of 800+ applications from 74 countries! ?? We’re excited to connect and collaborate with AWS Piloting Partners to continue refining and scaling our revolutionary AI grid technology ? Collaborating for a better future and having fun along the way! ?? #AWSEnergy #AWSCleanEnergyAccelerator4.0 #Renewableenergy Fernando Llaver, Thomas Vadora, Carlos Caldart, Hassane Elias Kassouf, Shaima Sharif, Payal Patel, AWS for Energy & Utilities

Happy to announce that noa has led Splight's $12M Seed round to tackle the critical issue of clean energy scalability. This is a perfect example of our renewed "Humanity's OS" thesis and how the build world ties into our critical infrastructure and energy transition. Encantados de asociarnos con nuestros amigos Fernando Llaver, Thomas Vadora, Carlos Caldart y todo el equipo de Splight. Weclome to the noa (formerly A/O) family. ?? Electricity demand is set to double by 2050 with increased energy security goals, regulations and AI adoption ??Up to 40% of renewable energy is wasted due to grid bottlenecks, a significant barrier to a sustainable energy system. ???????? Europe and US have significant challenges with the oldest grid infrastructure in the world, struggling to keep up with both increasing electrification applications and the new patterns of energy utilization. ?? Scaling renewable energy generation while also meeting the increased electricity demand will require the roll-out and adoption of decentralized systems, energy storage, and taking advantage of flexibility built into grid connected assets. ??? Building new transmission lines, like any large-scale infrastructure project, will take time, and in the interim there is a need for granular and real-time data and control to make optimum use of existing infrastructure TODAY Splight's AI technology offers real-time grid control, preventing these bottlenecks and unlocking up to twice the transmission capacity using existing infrastructure by leveraging detailed digital twins and ai to help support 30-40% more clean energy within existing networks. Onwards & Upwards ALWAYS ?? ???? Learn more about their groundbreaking work in the release:

Ascent Energy Ventures is proud to be a long time investor in Splight as they announce their successful $12m capital raise from industry leaders. The Splight team is special. The problems Splight solves are important to humanity. The future for Splight is bright. Congrats to Fernando Llaver, Thomas Vadora, Carlos Caldart, and the entire team. we look forward to working with the new investors such as noa (formerly A/O) and EDP Ventures. https://lnkd.in/gE7qXezg #investing #vc #energy

[Startup World Cup Unveils 2024 Top 16 Startups to Compete at Silicon Valley Regional Competition] Congratulations to the Top 16 Finalists! One of you is one step closer to the $1M Investment Prize! 1 week from now, you get to hear all those amazing pitches at the Computer History Museum in Mountain View on August 1 at 5pm. Come join us! Seats are very limited. Tickets are close to selling out! ?? Register here: https://lnkd.in/gfbRR-vm Check out the press: https://lnkd.in/gxywxkf2 EarthGrid PBC Splight Nanowear Pyrames Inc Matregenix, Inc. GITAI RealKey AGED Diagnostics Parallel Health Agtools Inc. IronYun Ollang Azure Printed Homes BlueWire AEQUOR, Inc. Amped Innovation

?? Funding Alert ?? Splight ?? Amount Raised: $12M ?? Series: Seed ?? Founded: 2023 ?? Founders: Thomas Vadora, Fernando Llaver, Carlos Caldart ?? Problem: Grid congestion leads to significant renewable energy wastage and delays in connecting new renewable projects due to outdated contingency management methods. ? Solution: AI-based technology for advanced grid operations reduces curtailment and accelerates the connection of renewable energy sources, DERs, and batteries by using real-time data and algorithms. ?? Investors: noa (formerly A/O), EDP Ventures, Elewit, Draper Cygnus, Draper B1, Ascent Energy Ventures, Fen Ventures, Reaction Global, Barn Investments, University of California, Berkeley Foundation Subscribe to our newsletter launching soon in the comments! ?? #venturecapital #energytech #AI #cleanenergy #automation #proptech

#Weekly round-up #Renewableenergy #Funding and #MergersandAcquisitions stories from around the world Addionics, GM Ventures and Deep Insight, Scania Group, d.light, African Frontier Capital, Splight, noa (formerly A/O), EDP Ventures, Elewit, Draper Cygnus, Draper B1, Ascent Energy Ventures, Fen Ventures, Reaction Global, Barn Investments, UC Berkeley Foundation, Gruner Renewable Energy, Rays Power Infra Limited https://lnkd.in/gt28hVEP