GridCARE

Summary active Updated May 16, 2026

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Location Menlo Park, CA
Founded 2023
Latest Stage Series A
Total Raised $64M+

Investors

Ram Shriram Seed (2025)
sherpalo-ventures Seed (2025)

About

GridCARE is a Menlo Park, CA-based power acceleration platform for AI data centers, building software that identifies and unlocks idle grid capacity so hyperscalers can deploy compute without waiting years for new generation 123. The company has completed a demonstration project with Portland General Electric that freed 80MW of incremental data center capacity in 2026, part of more than 400MW expected to be energized by 2029 12. The $64M oversubscribed Series A announced May 14, 2026 was led by Sutter Hill Ventures (John Doerr as lead partner), with participation from National Grid Partners, Future Energy Ventures, Emerson Collective, Stanford University, and existing investors Xora, Aina Ventures, Overture, Acclimate Ventures, and Clearvision Ventures 123.

Funding History

Date Round Amount Lead Co-investors
2026-05-14 Series A $64M Sutter Hill Ventures National Grid Partners, Future Energy Ventures, Emerson Collective, Stanford University, Xora, Aina Ventures, Overture, Acclimate Ventures, Clearvision Ventures 123

What Investors Say

No independently sourced investor quotes found at this time.

What Founders Say

No independently sourced founder quotes found at this time.

Sources


  1. BusinessWire, “GridCARE Raises $64 Million Series A from Leading AI and Energy Investors to Create a New Category: Power Acceleration for AI,” May 14, 2026. Accessed May 2026. https://www.businesswire.com/news/home/20260514546216/en/GridCARE-Raises-$64-Million-Series-A-from-Leading-AI-and-Energy-Investors-to-Create-a-New-Category-Power-Acceleration-for-AI

  2. Bloomberg, “Early Nvidia Investor Sutter Hill Ventures Backs GridCARE to Tap Idle Grid Power,” May 14, 2026. Accessed May 2026. https://www.bloomberg.com/news/articles/2026-05-14/early-nvidia-investor-backs-startup-to-tap-idle-grid-power

  3. Latitude Media, “Gridcare raises an oversubscribed $64-million Series A,” May 2026. Accessed May 2026. https://www.latitudemedia.com/news/gridcare-raises-oversubscribed-64-million-series-a/