The round was led by Benhamou Global Ventures (BGV) and National Grid Partners (NGP). At a time when wildfires, hurricanes, pipeline leaks and power outages have proved catastrophic to the utility and energy industries, AiDash is helping them mitigate these problems and be resilient using satellite data and AI at scale. The funding will be used to boost product innovation, hire new talent and further plans for global expansion.
AiDash uses high-resolution multispectral satellite imagery coupled with Artificial Intelligence to transform operations and maintenance (O&M) activities like Vegetation Management, Remote Monitoring & Survey and Disaster and Disruptions Management for global utility and energy customers. The company is already working with several Fortune 500 utilities in the United States and is set to expand its operations in Europe, Australia and Asia.
AiDash is an AI-first vertical SaaS company enabling satellite-powered operations and maintenance for utility, energy, and other core industries with geographically distributed assets. AiDash uses high-resolution, multispectral and SAR data from the world’s leading satellite constellations that are fed into its proprietary AI models to make timely predictions for O&M activities. These AI models empower AiDash’s full-stack applications and enable efficient planning, prioritization, execution, review and audit of O&M activities using satellite analytics. Visit aidash.com.
Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/AiDash/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co
