Lucend Raises $3.3M to Scale Transparent AI for Data Centers in U.S.


Lucend Raises $3.3M to Scale Transparent AI for Data Centers in U.S.

📅 - Lucend, a data center optimization company formerly known as Coolgradient, has raised $3.3 million in seed funding to expand its Transparent AI platform into the U.S. market, as operators worldwide grapple with rising energy costs, AI-driven capacity demand, and increasing scrutiny over sustainability.

The funding round underscores growing investor confidence in software-led efficiency solutions as data centers shift from a pure uptime focus to a dual mandate of reliability and resource optimization.

The round was led by Remarkable Ventures Climate, with participation from Mitsubishi Electric Innovation Fund, New Climate Ventures, Avesta, Stepchange, and continued backing from 4impact [...][... Check source for end of article ...]
Tags: Data Center

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