Data Center Energy Efficiency Startup Niv-AI Emerges from Stealth with $12m Fundraise

Data center energy efficiency startup Niv-AI has emerged from stealth with $12 million in seed funding. The company says its technology can analyze GPU power spikes based on the type of workload being processed.

This allows the company to “actively synchronize energy and compute” and safely “unlock” stranded capacity by giving the information to data center developers who can make more cost-efficient choices about energy use.

The Israeli startup is backed by Glilot Capital, Grove Ventures, Arc VC, Encoded VC, Leap Forward, and Aurora, according to a report by TechCrunch. Niv-AI intends to have an operational system in some American data centers within the next six to eight months, says the report.

Power management company Claros recently raised $30m in a seed round to fund the development of an integrated voltage regulator – a type of electronic device placed beneath or on a chip to maintain a stable voltage that is meant to reduce power losses – and a direct current power distribution platform.