202430 Apr

AiDash Lands $58.5M Oversubscribed Series C

Summary

SAN JOSE, CA, AiDash today announced the official closing of its Series C funding round at $58.5 million. AiDash, an enterprise SaaS company making critical infrastructure industries climate resilient and sustainable with satellites and AI, today announced the official closing of its Series C funding round at $58.5 million. The companys Series C round, initially at $50 million, was oversubscribed and drew in additional investors, including leading private equity firm Lightsmith Group, and Japanese conglomerate, Marubeni Corporation. Using our full-stack SaaS solutions, customers in electric, gas, and water utilities, transportation, and construction are transforming asset inspection and maintenance - and complying with biodiversity net gain mandates and carbon capture goals. Our customers deliver ROI in their first year of deployment with reduced costs, improved reliability, and achieved sustainability goals.

Source: Vcnewsdaily

Funding

$58.5M
Amount
Apr 30 2024
Date
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Investor
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Company

Classifications

Companies