Verdigris Technologies, a Moffett Field, CA-based provider of AI-powered energy management solutions, raised $10M in funding.
The round was led by DCVC and Solea Energy, with other firms and individuals participating. Paul Morris, Chief Strategy Officer at Solea Energy, will be joining Verdigris’ board of directors.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Mark Chung, Verdigris Technologies provides a hardware-enabled SaaS solution for enterprises to manage carbon emissions. By integrating advanced sensor technology, cloud software and AI, its platform delivers real-time, circuit-level energy monitoring and data analysis to enhance operational efficiency and enable precise tracking, monitoring, and reduction of Scope 2 emissions, while maintaining compliance with emerging disclosure requirements.
Verdigris also has offices in the US and Taiwan.
