AI Data Centers Drive Grid Innovation at WeaveGrid, Veir — SkimNews
Get the Tech newsletter
Daily tech — startups, AI labs, chips, the launches that shape the next decade. Free.
- Apoorv Bhargava leads WeaveGrid, a company building software to help utilities manage new energy loads from data centers, EVs, and heat pumps through better orchestration.
- Tim Heidel's startup Veir developed superconductive power lines that can transmit electricity five times farther and in 20 times less space than traditional lines.
- Veir raised $110 million in a Series C round earlier this month to scale its high-efficiency power line technology.
- Kristin Eberhard at Rewiring America said the AI-driven energy demand has created a cultural shift toward experimentation in grid planning, calling it a 'very improv era'.
- WeaveGrid's software aims to reduce utility bills by optimizing how and when energy is drawn from the grid for large-scale electric loads.
- Veir's cables promise to significantly increase the efficiency of power transmission, addressing grid constraints exacerbated by rising data center connections.
Why it matters: Grid infrastructure companies like Veir and WeaveGrid are gaining momentum as AI-driven energy demand forces utilities to adopt new technologies quickly. The $110 million raised by Veir signals investor confidence in physical grid upgrades, while software solutions gain relevance in managing load—making modernization not just urgent but commercially viable.
Ask SkimNews
