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Phaidra raises $12 million for a data center cooling control system

Phaidra raises $12 million for a data center cooling control system

07/04/24, 11:43 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgseattle
Money raised
$12 million
Industry
machine learning
artificial intelligence
software
Investors
Index Ventures
Seattle-based Phaidra has raised $12 million for its AI control system for data centers, with funding from Index Ventures. The company plans to use the money for R&D, implementation, and go-to-market efforts, aiming to deliver a more stable cooling system that runs on less energy.

Company Info

Company
Phaidra
Location
seattle, washington, united states
Additional Info
Phaidra deploys artificial intelligence virtual plant operators to assist operations teams in mission critical facilities deliver step function improvements in stability, energy efficiency and sustainability. We create self-learning, intelligent control systems for industrial facilities. Our co-founders and leadership team represent the combination of deep artificial intelligence and machine learning expertise from companies like Google-Deepmind, with the applied knowledge of mission critical cooling and heating systems from organizations like Trane and Johnson Controls. The industrial sector today is filled with static infrastructure. Pharmaceutical production, data centers, district energy and other industrial facilities are frozen in time — they operate in the same way they've operated for years because their control systems are hard-coded, and hard-coded systems cannot change dynamically, leading to performance degradation and a lack of resiliency.

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