TLDR:
- Sabanci Climate Ventures joins AiDash Series C funding round with $50 million.
- AiDash’s climate-resilient technology products gain momentum with new strategic investor.
AiDash, an enterprise SaaS company, announced that Sabanci Climate Ventures, the Energy and Climate Technologies Venture Capital arm of Turkish industrial conglomerate Sabanci Holding, has joined the company’s Series C funding round with $50 million. This strategic investment comes as demand for AiDash’s climate-resilient technology products is growing significantly. Sabanci Climate Ventures, known for its expertise in advancing opportunities across energy and utilities sectors, will play a crucial role in AiDash’s long-term growth strategy.
Sabanci Climate Ventures, along with other key investors like Duke Energy, Shell Ventures, and National Grid Partners, will help AiDash fuel its growth and expand its market presence in the EMEA region. AiDash’s innovative technology, including solutions like Intelligent Vegetation Management System™ (IVMS™) and Climate Risk Intelligence System™ (CRIS™), are designed to enhance climate resilience and sustainability for customers in the region. With Sabanci’s deep expertise in climate tech and energy business, AiDash aims to scale its commercial opportunities and meet the surge in demand for its satellite-first products.
By adding Sabanci Climate Ventures as a strategic investor, AiDash is well-positioned to cater to the specific needs of energy customers in EMEA and empower them to become more resilient in the face of climate-related threats. The collaboration between AiDash and Sabanci Climate Ventures marks a significant milestone in driving sustainability and operational efficiency in critical infrastructure industries.
