Software that turns AI data centers into flexible, grid-responsive assets.
AI📍 Washington, D.C., USAFounded 2024
Current Valuation
Private
as of 2026-Q1
PRIVATE
Emerald AI builds software (the Emerald Conductor system) that orchestrates AI workloads in real time so data centers can dynamically reduce power draw at grid peaks and act as flexible grid assets while preserving acceptable compute performance. Founded around 2024 by physicist Varun Sivaram (HQ Washington, D.C.), it raised a $25M strategic round in March 2026 led by Energy Impact Partners with NVIDIA's NVentures, Eaton, GE Vernova, Salesforce, Samsung, Siemens, and In-Q-Tel, following a 2025 seed - about $68M total. NVIDIA and Emerald later opened a power-flexible AI factory research center in Virginia. Valuation terms were not disclosed.
Company Profile
CEO
Varun Sivaram
Founded
2024
HQ
Washington, D.C., USA
Total Raised
$68M
Last Round
Strategic — $25M (Mar 2026) · Lead: Energy Impact Partners
IPO Status
private
Fundraising Status
Strategic · $25M · 3 mo ago
privateTotal raised $68M2 disclosed rounds
Growth & Valuation
Capital raised per round
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.
Emerald Conductor (data center grid-flexibility orchestration)
Competitors
Voltus · Verrus
aienergydata centersgridclimateinfrastructure
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q1. Refreshed quarterly.