Aston Power Raises $20M in Equity Funding Led by TDK Ventures

The company plans to use the funds to grow its physical operations, expand across North America, and speed up the deployment of its full power infrastructure to help address increasing pressure on utility grids.

Aston Power provides integrated power delivery solutions across generation, transmission, firming, and delivery infrastructure. The company focuses on making power deployment simpler and more reliable for large industrial and AI infrastructure projects by offering a full end to end approach to energy supply.

As demand for AI infrastructure grows, many utilities are unable to deliver power quickly enough. As a result, data center operators and large industrial customers are turning to alternative solutions. Aston’s model is designed to help customers secure reliable power faster, with more predictability and less complexity.

“AI is changing infrastructure requirements faster than the traditional power industry can keep up. The volume of requests we get from data center developers and infrastructure investors keeps validating the need for a full-stack solution. These strategic investments from JLL and TDK accelerate our ability to scale, expand our geographic footprint and deliver a total power solution to more projects, "said Greg Robinson, Co-Founder and CEO of Aston Power.

“AI infrastructure growth is creating entirely new pressures on energy and industrial systems. What stood out to us about Aston is their focus on solving the coordination and deployment challenges that increasingly determine whether large-scale projects can get built at all, "said David Delfassy, Investment Director at TDK Ventures.

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“We continue to hear from operators, developers, general contractors, and companies on the ground that power availability is one of biggest factors in determining where projects get built, how fast they can scale, and whether the often compressed timelines are possible. The future of data center development will increasingly hinge on access to sufficient reliable power, and Aston’s resilient, optimized solution answers this industry-wide problem, "said Jesse Devitte, Co-Founder and General Partner at Building Ventures.

“The power crisis facing large industrial demand is the defining infrastructure challenge of this era, and Aston is solving the hardest part of that problem at a scale no one else is. Their ability to bring our clients to power years ahead of conventional timelines gives JLL a meaningful edge in winning and serving the largest energy demand clients, said Ajey Kaushal, Principal at JLL Spark Global Ventures.

About Aston Power

Founded in 2022, by Greg Robinson, Ed McKenzie, Kha Dang, and Michael Marshall, Aston Power builds integrated energy delivery systems that combine generation, transmission and firming solutions. The company helps data center developers and heavy industrial operators secure reliable power capacity across both on grid and off grid solutions.

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