Verdigris Secures $10 Million from DCVC and Solea Energy
Verdigris announces $10 million in funding from DCVC and Solea Energy to accelerate AI-powered energy intelligence platform development.
MOUNTAIN VIEW, CA – August 16, 2023 – Verdigris today announced a $10 million investment to support expansion of its AI-powered energy management platform. The funding round was led by DCVC and Solea Energy, with participation from other notable investors. Paul Morris, Chief Strategy Officer at Solea Energy, joined Verdigris' board of directors.
The platform helps carbon-intensive enterprises obtain real-time, granular data to progress toward net zero goals, reduce Scope 2 emissions, and maintain compliance with emerging disclosure requirements.
Investor Perspectives
We're excited for this next phase of growth, bolstered by the support of sophisticated venture capital partners who possess comprehensive understanding of the market landscape.
Commercial buildings waste over a third of the electricity they consume. Verdigris' AI-powered energy intelligence represents a significant step toward eliminating this waste.
Verdigris has demonstrated a unique ability to deliver high-quality, utility grade data at grid scale.
About Verdigris
Verdigris Technologies provides a hardware-enabled SaaS solution combining sensor technology, cloud software, and AI to deliver real-time, circuit-level energy monitoring. The platform enables enterprises to track Scope 2 emissions and maintain compliance with disclosure requirements.
The company is headquartered in Silicon Valley with offices in the US and Taiwan. Verdigris has received recognition from Fast Company and Frost & Sullivan for innovation in energy management.
Media Contact: press@verdigris.co