Agentic grid-planning platform Piq raises $5m in seed funding
Round led by Active Impact Investments
Round led by Active Impact Investments
Deal could be worth up to $1bn
Bloom and Nebius inked an offtake agreement in May
Projects have a combined capacity of 2.6GW
Could see the company valued at more than $1bn
Adds to growing list of data center investments
Latest fusion company to secure backing from the tech giant
Joulent is a portfolio company of Engine No. 1
Expands investment to $25bn
Platform developed in partnership with Calibrant Energy
Funding led by TDK Ventures and JLL Spark Global Ventures
Targeting both conventional and enhanced geothermal sectors
Has allocated more than $2bn for AI data center energy storage investment through 2028
Planning 10MW pilot project
Raised approximately $140m to support acquisition
Company valued at $15.5bn
Brings the total raised to $100 million
With a combined capacity of 105MW
Now owns the entirety of its Project Dorothy data center project
Will support its ability to provide power infrastructure to the data center market
Based out of San Francisco
Will use proceeds to support expansion within data center market
Collectively, the firms have more than 130GW of large-load opportunities in their pipeline, most tied to data centers
Share price soars 30 percent following IPO