A naukri.com initiative
Eu-Startups
2d
74
London-based startup Zendo Energy raises €2 million to help data centres decarbonise and adapt to AI boom
- London-based startup Zendo Energy has secured €2.07 million in pre-Seed funding to develop an 'Energy OS' platform for data centers to adapt to AI workloads and volatile energy markets.
- The funding round was led by Fly Ventures, with participation from Octopus Ventures, Pact VC, and angel investors from the data center industry.
- Zendo Energy aims to help data centers become more efficient and ready for the future of computing demand by offering predictive analytics and flexible energy solutions.
- Founded in 2024 by Jade Batstone and Drew Barrett, Zendo brings over two decades of experience in renewable energy and B2B software to the data center industry.
- The platform by Zendo Energy can save data centers up to 25% in energy costs and simplify the integration of renewable energy sources into their power mix.
- With the rise of AI, cloud computing, and streaming services, global electricity demand from data centers is projected to double by 2030, posing challenges for decarbonization.
- Zendo's AI-powered software enables data centers to analyze usage patterns, forecast demand, and secure customized energy tariffs, ultimately maximizing existing infrastructure value.
- The startup's mission is to decarbonize computing power and support data centers in becoming more efficient and sustainable partners in the clean energy transition.
- Zendo addresses challenges faced by data centers in planning for energy demands driven by AI workloads and aims to make operations greener, more efficient, and profitable.
- Investors like Octopus Ventures and Fly Ventures believe in Zendo's potential to revolutionize data center operations and drive a shift towards more sustainable and profitable practices.
Read Full Article
4 Likes
For uninterrupted reading, download the app