Gaiascope, a Boston MA-based wholesale electricity price forecasting company, raised $2M in seed funding.
The round was led by VoLo Earth Ventures with participation from Khosla Ventures and Y-Combinator.
The company intends to use the funds to expand its business reach.
Led by Lauren Kuntz, Gaiascope provides a wholesale electricity price forecasting platform which uses machine learning techniques to harness big data and provide understanding of—and forecasts for—key drivers of profitability:
– Locational marginal pricing
– Grid constraints
– Plant dispatch