Prisma Photonics Raises Approximately $20M in Series C Funding

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Summary

Prisma Photonics, a Tel Aviv, Israel-based AI-driven startup that monitors large-scale infrastructure, raised approx. The company intends to use the funds to accelerate its entry into the global power and renewable energy market while supporting its continued growth. Real-time alerts on electrical faults and extreme weather conditions such as wildfires and icing offer better ways to retain grid resiliency in changing environments. Its optical fiber sensing technology offers power transmission operators better ways to manage their grids. Real-time alerts on electrical faults and extreme weather conditions such as wildfires and icing offer better ways to retain grid resiliency in changing environments.

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