GridCARE
Power Acceleration platform for AI — physics-based AI that unlocks underutilized grid capacity to deliver power to data centers in months instead of years
AI
📍 Redwood City, CA
Founded 2024
Current Valuation
$350M
as of 2026-Q2
PRIVATE
GridCARE pioneers 'Power Acceleration for AI' — using physics-based AI to identify and unlock latent capacity on the existing electric grid so that data centers can come online in months instead of years. Founded at Stanford's Doerr School of Sustainability by CEO Amit Narayan. Emerged from stealth in May 2025 with a $13.5M seed led by Xora, then raised a $64M Series A in May 2026 led by Sutter Hill Ventures and John Doerr — the original NVIDIA, Google, and Amazon backer. Strategic utility investors include National Grid Partners. Has unlocked $10B+ in economic value via partnerships with Portland General Electric, National Grid, and other US utilities. Cited as one of Fast Company's Most Innovative Companies for 2026.
Company Profile
Growth
Early revenue (utility partnerships)
Last Round
Series A — $64M (May 2026) · Lead: Sutter Hill Ventures + John Doerr
IPO Status
no imminent plans
Founders & Key People
Amit Narayan
Investors
Sutter Hill Ventures · John Doerr · National Grid Partners · Future Energy Ventures · Emerson Collective (Laurene Powell Jobs) · Stanford University · Xora · Aina Ventures · Overture · Acclimate Ventures · Clearvision Ventures · Ram Shriram (board member)
Products
- Energize platform (physics-based AI for grid capacity discovery)
- Time-to-Energize acceleration for data centers and utilities
Competitors
VEIR · Pearl Street Technologies · TS Conductor · Camus Energy
AI InfrastructureEnergyGrid TechClimateStanford Spinout
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q2. Refreshed quarterly.