Zendo Energy

Zendo Energy, a British energy software startup, has secured £1.75 million in pre-seed funding to advance its AI-powered platform aimed at helping data centres reduce energy costs and carbon emissions.

Summary of transaction details:

• Value: £1.75 million
• Sector: DeepTech & AI (Energy Management Software)
• Advisor: None mentioned
• Key Entities: Zendo Energy (Target), Fly Ventures (Lead Investor), Octopus Ventures, Pact VC (Investors)
• Location: UK

Note: This pre-seed funding round will enable Zendo Energy to scale its product development and platform internationally, addressing the urgent need for sustainable and efficient energy management solutions within the rapidly expanding data centre industry, particularly amidst the rise of AI-driven workloads.