AiDash Raises $58.5M in Funding for Technology, Research, and Market Expansion

AiDash Raises $58.5M in Series C Funding

Key Highlights:

• Series C Funding: AiDash, an enterprise SaaS company, raised $58.5 million in Series C funding.
• Total Funding: The funding round brings the total amount raised by AiDash to $91.5 million.
• Investors: The round was led by Lightrock, with participation from Lightsmith Group, Marubeni Corporation, Duke Energy, National Grid, Edison International, Sabanci Ventures, SE Ventures, G2 Venture Partners, Benhamou Global Ventures, and Shell Ventures.

AiDash's Target Market

• Target Market: Critical infrastructure industries, including electric, gas, and water utilities, transportation, and construction.
• Climate-Resilient Solutions: Solutions that help customers enhance asset inspection and maintenance processes, comply with biodiversity net gain mandates, and achieve carbon capture goals.
• Sustainability and Climate Change Initiatives: Organizations and industries focused on building sustainable and climate-resilient infrastructure.

What AiDash Needs to Buy

• Technology and Satellite Partnerships: Collaborations with satellite providers and technology companies to enhance their AI-powered solutions.
• Research and Development: Investments in R&D to further develop and improve their SaaS offerings for critical infrastructure industries.
• Marketing and Sales Support: Services to support market expansion, customer acquisition, and brand awareness.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.