AiDash Secures USD 50M Funding to Expand Climate-Resilient Solutions Globally 

 AiDash, an enterprise Software as a service (SaaS) company focusing on climate-resilient solutions for critical infrastructure, has successfully raised USD 50 million in its Series C funding round, bringing the total capital to USD 83 million. The oversubscribed round, led by global impact investment firm Lightrock, reflects the increasing investor interest in proven and scalable climate technologies. Ashish Puri from Lightrock will join AiDash’s board of directors. The funding, supported by SE Ventures and existing investors like G2 Venture Partners, Schneider Electric-backed venture fund, National Grid Partners, and Shell Ventures, among others, will facilitate the company’s expansion. AiDash plans to nearly double its team of 300 and establish a European headquarters, responding to the surge in demand for its satellite-first products. These include the Intelligent Vegetation Management System (IVMS), aiding utilities in identifying vegetation risks to prevent grid damage, and the Intelligent Sustainability Management System (ISMS), crucial for organisations complying with the UK’s Biodiversity Net Gain laws. With a global customer base exceeding 150 and consistent annual recurring revenue (ARR) growth since its inception in 2019, AiDash is gaining traction in the U.S., the UK, Europe, Canada, Australia, and New Zealand. Rahul Saxena, Co-founder and Chief Product and Technology Officer of AiDash, emphasized the need for advanced tools and technologies to manage environmental risks impacting infrastructure and highlighted their commitment to expanding their reach with the new funding.