AiDash, a San Jose, CA-based SaaS company enabling climate-resilient and sustainable infrastructure with satellites and AI, received a strategic investment.
SaaS Investors
The strategic investment was from Duke Investments, LLC, a subsidiary of Duke Energy, as part of its $50 million Series C funding round.
AiDash Use of Funds
With the funding, AiDash aims to enhance its solutions and expand its impact.
About AiDash
AiDash is a SaaS company on a mission to revolutionize operations, maintenance, and sustainability for core industries using satellites and AI. The company's platform offers utility vegetation management to remote monitoring and inspection of hazards along power lines, enabling clients to manage their work efficiently and make informed decisions. AiDash's suite of satellite-first products, including its intelligent Vegetation Management System and Intelligent Sustainability Management System, addresses climate change risks in critical infrastructure. The company has more than 150 customers worldwide.
Funding Details
Company: AiDash, Inc.
Raised: Undisclosed
Round: Series C
Funding Month: January 2024
Lead Investors: Duke Investment
Additional Investors:
Company Website: https://www.aidash.com/
Software Category: Vegetation Management
Source: https://www.businesswire.com/news/home/20240228898553/en/