Funding

Varun Sivaram Co-Founded Emerald AI Raises $150M in Series A funding

Aug 26, 2026 | By Devin Jacobs

SUMMARY

Emerald AI raised $150M in Series A funding at a $1.05B valuation.
The funding will support technology and business expansion.
Emerald AI develops software for flexible AI data center power use.

Emerald AI, a Washington, DC-based provider of a platform turning data centers into flexible assets for the power grid, has raised $150 million in a Series A funding round co-led by Energize Capital and DCVC, at $1.05B valuation.

The round also saw participation from NVIDIA, Samsung Ventures, Siemens, Aramco Ventures, Salesforce Ventures, GE Vernova, RWE, JERA Ventures, ADVentures, Sabanci Climate Ventures, In-Q-Tel, Radical Ventures, Energy Impact Partners, Lowercarbon Capital, Marunouchi Innovation Partners, Emerson Collective, and several other investors.

The company plans to use the funding to expand its operations and continue developing its technology.

Funding Snapshot

Metric	Details
Fundraise Amount	$150 million
Funding Stage	Series A
Valuation	$1.05 billion
Company	Emerald AI
Sector	AI Infrastructure / Energy Technology
Headquarters	Washington, DC, USA

RECOMMENDED FOR YOU

Funding

Crafting Raises $5.5M in Seed Funding

Devin Jacobs

Mar 10, 2026

Funding

[Funding alert] CA-based Reken Secures $10Million in Seed Funding

Devin Jacobs

Feb 12, 2024

Funding

[Funding News] MA-based SiTration Secures $11.8Million in Seed Funding

Devin Jacobs

Jun 6, 2024

About Emerald AI

Founded in 2024 by Varun Sivaram, Emerald AI develop's software that enables AI data centers to operate as flexible participants in the electricity grid.

Instead of treating data centers as fixed electricity consumers, Emerald AIs technology allows facilities to dynamically adjust power consumption while protecting the performance of critical AI workloads.

The company's flagship Emerald Conductor platform connects AI infrastructure with power grids and coordinates computing workloads and on-site energy resources.

Core offerings include:

Grid-responsive data center software
AI workload orchestration
Energy resource management
Power consumption optimization
Flexible AI infrastructure

Core Technologies / Products / Services

Capability/Product	Application/Use Case
Emerald Conductor	Dynamically manages data center power consumption
AI Workload Orchestration	Adjusts computing workloads based on grid conditions
Energy Resource Management	Coordinates onsite energy resources
Grid Flexibility	Allows data centers to respond to electricity demand

Leadership Comments

"We founded Emerald AI on the conviction that the intelligence driving the AI revolution could solve its own greatest bottleneck: power," said Emerald AI Founder and CEO Dr. Varun Sivaram. "Our demonstrations around the world proved that data centers can adjust their power use precisely when the grid needs relief, without compromising critical computing workloads.

"Emerald AI's compute workload orchestration platform makes flexibility a permanent feature of how data centers are powered. This turns data centers into grid-responsive assets instead of energy-hogging liabilities—increasing America’s strength in AI, decreasing rises in electrical bills for communities, and protecting the environment. This is deep tech at its best,” said Zachary Bogue, Co-Founder and Managing Partner, DCVC.