Venture Capital
US-based artificial intelligence-based energy solutions firm AutoGrid, which also has operations in India, has raised $32 million (Rs 231.44 crore) in a Series D round of funding from new and existing investors, a company statement said. The new investors in the round were a consortium of energy companies—Hong Kong-based CLP Holdings Group, Germany-based Innogy, Denmark-based Ørsted and US-based Tenaska among others. Existing investors Energy Impact Partners, Envision Ventures, Total Energy Ventures, Clearsky Power and Technology Fund, E.ON and Foundation Capital also put in money, the statement added.