Marubeni Company (hereinafter, “Marubeni”) has invested in AiDash, a U.S.-based resolution supplier that makes use of satellite tv for pc imagery and synthetic intelligence (AI) to optimize and digitize operations and upkeep for vital infrastructure corresponding to electrical energy, gasoline, and water networks. In AiDash’s Collection C funding spherical, by which Marubeni participated, the corporate raised over USD 50 million from lead investor Lightrock and different buyers, together with Benhamou International Ventures, SE Ventures, G2 Enterprise Companions, Shell Ventures, and Nationwide Grid Companions.

AiDash gives SaaS (Software program as a Service) that mixes high-resolution satellite tv for pc imagery with AI to allow satellite-based operations and upkeep for utilities, roads and railways, and different vital infrastructure industries with geographically dispersed property. Energy grid infrastructure is presently dealing with reliability challenges from the enlargement of renewable power, worsening local weather disasters corresponding to wildfires, and value will increase as a result of labor shortages. AiDash gives a complete vegetation administration resolution for electrical energy networks, from threat assessment-based vegetation administration planning to operational administration and inspection monitoring. This resolution has obtained excessive reward from energy firms and grid operators. AiDash presents different providers that contribute to optimization and digitalization of operations and upkeep of vital infrastructure, plus biodiversity impression evaluation for builders.

This funding in AiDash marks one other step by Marubeni within the discipline of grid resiliency and operational enhancement, following its earlier funding in LineVision Inc., a U.S.-based Dynamic Line Score know-how firm to broaden grid capability utilizing real-time grid monitoring and analytics. With this funding, Marubeni will help AiDash’s deliberate enlargement into the Asia-Pacific area by 2025 and its entry to vital infrastructure companies worldwide. 

By way of investments in and partnerships with startups with cutting-edge know-how and enterprise fashions, Marubeni goals to assist broaden options for vital infrastructures to contribute to fixing social and environmental points.

Associated information releases:
・October 5, 2022
Investing in and Establishing a Strategic Partnership with LineVision Inc.
https://www.marubeni.com/en/information/2022/launch/00073.html