#United States #Houston #AI Technology #AiGent #Distributed Power

AiGent Secures $6 Million in Seed Funding

In a significant move for renewable energy deployment, AiGent, Inc., an innovator in AI-driven distributed power plants (DPP), has announced its successful raising of $6 million in seed funding. This funding round, led by Zero Infinity Partners (ZIP) and CIV, aims to incorporate an impressive aggregate of 185 GW of reliable generation assets into the American power market.

Innovating Energy with AI

AiGent's technology leverages artificial intelligence to aggregate, orchestrate, and monetize distributed generation resources from commercial, industrial, and critical facilities. Notably, these include AI data centers, allowing the company to deliver efficient and reliable DPPs across the network. The innovation of AiGent lies in its ability to tap into existing behind-the-meter distributed generation assets, particularly during peak demand or system stress phases, which aids in maintaining grid reliability. This approach not only keeps the lights on but also minimizes costs and opens up new revenue streams for asset owners without the time-consuming and costly process of establishing new power plants or energy infrastructure.

Stephanie Hendricks, the CEO and co-founder of AiGent, emphasized the potential of AI-driven solutions in the energy sector, stating, "Backup generators are an untapped reliability resource sitting idle across the grid. AiGent turns liabilities into assets, scaling to enhance grid reliability while reducing consumer costs. The rapid backing from prominent investors at ZIP and CIV highlights both the urgency of the current energy challenges and our innovative solution to address them."

Rapid Support and Investor Confidence

Patrick Maloney, co-founder and CEO at CIV, echoed this sentiment, remarking, "AiGent is unlocking a massive, underutilized fleet of 185 GW with AI-based software and market integration. Their dynamic execution is impressive and we firmly believe their model can provide reliability at a lower cost while creating significant value for generator owners and the power grid at large."

John Kwaak, Founder and Managing Partner at ZIP, also expressed confidence in the AiGent team, stating, "At ZIP, we pride ourselves on backing repeat entrepreneurs capable of taking concepts from inception to execution. We see AiGent as the epitome of our vision in an era where meeting power demands and enhancing grid resilience is more critical than ever."

Strengthening Leadership

In tandem with securing its seed funding, AiGent has announced the addition of Dan Leff and Alex Demeulenaere to its board of directors. Leff brings over 40 years of leadership experience in energy and technology, poised to guide AiGent's strategic vision moving forward. Demeulenaere joins the board as an investor and Managing Director at ZIP, leveraging his expertise to aid AiGent's development.

Conclusion

AiGent, Inc. aims to transform how power generation and distribution are managed in modern energy markets through innovative AI technology. By creating a seamless integration of distributed generation resources, the company strives to deliver notable reliability, economic efficiency, and sustainability benefits to energy users, utilities, and grid operators alike. For more information on AiGent and its groundbreaking technology, visit www.aigent.energy.