Fundraising Fox

Emerald AI

Boston, US · Founded 2024 · Delaware corporation · 6 known investors

emeraldai.co ↗

Emerald AI develops software to enable power flexibility in data centers by orchestrating power demand in response to grid needs. The company applies AI and machine learning to optimize cloud computing systems for grid-aware operations.

AI & Machine LearningCloud ComputingData & InfrastructureDeep TechEnergyin /emerald-ai-1@EmeraldAi_

Founders & leadership

DV
Dr. Varun SivaramCEO and Founder
AC
Ayse CoskuninChief Scientist
RT
Rob ToewsDirector
MS
Markus SpecksDirector

Investors · 6

Congruent VenturesSan Francisco · $100K – $5M
Energy Impact PartnersNew York · $5M – $20M
Neotribe VenturesMenlo Park · $250K – $2M
NVenturesSanta Clara
Radical VenturesToronto · $1M – $25M
Earthshot VenturesreportedSydney · $100K – $5M

Reported raises · per SEC filings

Form D private placements
▶$90.2MraisedAug 2026 · 23 investors · Other Technology
Rule 506(b)
Emerald AI seeks $100M to challenge Nvidia's grip on AI infrastructurecryptobriefing.com · Aug 2026Nvidia-backed Emerald AI seeking to raise a further $100m in funding - report - DCDdatacenterdynamics.com · Jun 2026
Officers, directors & promoters on the filing
  • Varun SivaramExecutive Officer, Director
  • Rob ToewsDirector
  • Markus SpecksDirector
Offering amount
$150M
Amount sold
$90.2M
First sale
Jul 2026
Incorporated
Corporation, Delaware, 2024
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$22.7MraisedFeb 2026 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Varun SivaramExecutive Officer, Director
  • Markus SpecksDirector
  • Rob ToewsDirector
Offering amount
$25M
Amount sold
$22.7M
First sale
Feb 2026
Incorporated
Corporation, Delaware, 2024
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$34.2MraisedAug 2025 · 37 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Varun SivaramExecutive Officer, Director
  • Rob ToewsDirector
  • Markus SpecksDirector
Offering amount
$35.3M
Amount sold
$34.2M
First sale
Jul 2025
Incorporated
Corporation, Delaware, 2024
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5MraisedDec 2024 · 22 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Rob ToewsDirector
  • Varun SivaramExecutive Officer, Director
  • Markus SpecksDirector
Offering amount
$5M
Amount sold
$5M
First sale
Dec 2024
Incorporated
Corporation, Delaware, 2024
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$7.3MraisedDec 2024 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Varun SivaramExecutive Officer, Director
Offering amount
$7.4M
Amount sold
$7.3M
First sale
Nov 2024
Incorporated
Corporation, Delaware, 2024
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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