AiDash, a Santa Clara, Calif.-based provider of satellite and AI-powered vegetation management and sustainability solutions, secured $27m in Series B funding round.
The round, which brought total funding to $33m, was led by G2 Venture Partners with participation from BGV, National Grid Partners, and additional strategic partners .
The company will use the funds to boost product innovation, hire new talent, expand globally, throughout North America, United Kingdom and Europe, and continue to improve its IVMS and expand its current product offerings for utilities, energy, and other industries with geographically distributed assets to innovate their operations and maintenance activities.
Led by Abhishek Vinod Singh, Co-Founder and CEO, AiDash provides a satellite-powered Intelligent Vegetation Management System (IVMS) that automates operations and maintenance for large utility companies. The system combines hi-res multispectral satellite imagery and AI with data gathered on the ground to help customers make informed decisions that have impacts as critical as preventing a wildfire or reducing damages from an upcoming storm.
The company now has over 30 customers residing in the United States, United Kingdom, and Canada within the utilities, energy, transportation, water and wastewater, mining, and construction industries.