Veir completes $110 million Series C funding round
Industry insiders say the modernization of the U.S. power grid is seeing new opportunities as AI data centers place immense pressure on existing grids. Weavegrid provides load management software to help utilities optimize energy deployment, while Veir, which develops superconducting transmission lines capable of transmitting power five times further and requiring 20 times less space than traditional cables, completed a $110 million Series C funding round earlier this month. Kristen Eberhard, Vice President of Policy at Rewiring America, noted that the surge in data center energy demand has made industries more willing to explore new grid solutions.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
SK Hynix is up 6.12% from its previous close, now trading at ₩1,353,000.
-
2
The Nikkei 225 index is up 2.01% from its previous close, now at 63,440.38.
-
3
South Korea's KOSPI index rose 4.24% from its previous close, now at 5,701.50.
-
4
Samsung Electronics is up 4.23% from its previous close, now trading at ₩222,000.
-
5
Chinese Meme Coin Craze: Analysis of Six Potential Projects and Market Insights
-
6
SK Hynix is up 7.76% from its previous close, now trading at ₩1,374,000.
-
7
Hong Kong's Hang Seng Index opened up 0.21% at 23,260 points, the China Enterprises Index rose 0.18% to 7,816 points
-
8
DHLT Token (DeHealth) Project Analysis and Market Overview
-
9
China and Russia are tightening their grip on Arctic shipping routes, with Moscow and Beijing last week agreeing to expand freight traffic
-
10
Romanian authorities stated they have uncovered a sabotage network coordinated by Russia
Markets Today
Recommended Reading



