/Companies

Emerald AI

Boston, US · Founded 2024 · Delaware corporation · 25 employees · 17 known investors

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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.

Founders & leadership

Emerald AI was founded in 2024 by Varun Sivaram.

VSVarun Sivaram
Varun SivaramFounder and CEOVarun Sivaram holds a PhD in condensed matter physics from Oxford University and previously served as chief strategy and innovation officer at Ørsted and chief technology officer at ReNew Power, where he led clean energy strategy and renewable energy operations. He also worked as a White House and State Department advisor on clean energy policy and as senior fellow for energy at the Council on Foreign Relations.
ACAyse Coskun
Ayse CoskunChief Scientist

Board

RTRob Toews
Rob ToewsFounding Investor & Board DirectorPartner at Radical Ventures
MSMarkus Specks
Markus SpecksFounding Board MemberPartner, CEO at Aventurine Partners

Investors · 17

Amplo VenturesreportedHouston

How we know: a partner's Signal profile · Not right? Tell us

Lowercarbon CapitalreportedLos Angeles · $100K – $5M

How we know: a partner's Signal profile · press coverage · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$159.5M disclosed across 5 rounds · 2024–2026

▶$90.2MraisedAug 2026 · 23 investors · Other Technology
Rule 506(b)
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.

Founder mafia

2 people who came through Emerald AI went on to found or lead other companies.

Related companies · 2

Companies working in the same space as Emerald AI.

Frequently asked questions

What does Emerald AI do?
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.
Who founded Emerald AI?
Emerald AI was founded by Varun Sivaram in 2024.
Who are Emerald AI's investors?
Emerald AI's investors include Carbon, Congruent Ventures, DCVC (Data Collective), Energy Impact Partners, In-Q-Tel, Neotribe Ventures, NVentures, NVIDIA and 9 more.
How much funding has Emerald AI raised?
Emerald AI has disclosed $159.5M raised across 5 rounds.
Where is Emerald AI headquartered?
Emerald AI is headquartered in Boston, US.