AiDash, a Santa Clara, Calif.-based satellite analytics company, raised $6m in Series A funding.
The round was led by Benhamou Global Ventures (BGV) and National Grid Partners (NGP). In conjunction with the funding, Yashwanth Hemaraj, Partner at BGV, and Andre Turenne, Director at NGP, will join the Board at AiDash.
The company intends to use the funds to boost product innovation, hire new talent and further plans for global expansion.
Co-founded by Abhishek Vinod Singh, Rahul Saxena and Nitin Das, AiDash uses high-resolution multispectral satellite imagery coupled with Artificial Intelligence to improve 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.
FinSMEs
22/10/2020