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AiDash lands $58.5M in Series C funding round

AiDash, a SaaS company from San Jose, CA, raised $58.5M in Series C funding to enhance climate resilience and sustainability solutions.

This round was led by Lightrock, and included Lightsmith Group, Marubeni Corporation, Duke Energy, National Grid, Edison International, Sabanci Ventures, SE Ventures, G2 Venture Partners, Benhamou Global Ventures, and Shell Ventures.

The funding will accelerate AiDash’s operations and development efforts.

CEO Abhishek Singh emphasized the importance of reliable, sustainable infrastructure to address climate-related events. AiDash uses satellites and AI to help industries like utilities, transportation, and construction optimize asset management and comply with carbon capture goals.