Loading organizations...

§ Private Profile · 50 Francisco St, Suite 203 San Francisco, CA 94133
Splight is a technology company.
Splight provides AI-driven advanced transmission technology, optimizing energy grid operations. Its core product increases firm transmission capacity and enhances system stability by alleviating congestion. The platform integrates with existing infrastructure, transforming generators, loads, and batteries into dynamic reliability assets, thereby maximizing grid utilization through a crucial digital layer.
Founded in 2021 by Fernando Llaver, Thomas Vadora, and Carlos Caldart, Splight originated from their shared frustration with pervasive grid congestion. This highlighted existing infrastructure inefficiencies and energy curtailment. Leveraging combined expertise in computer science, electrical engineering, and utility operations, they aimed to develop technology to unlock the grid's full potential.
Splight serves transmission owners, renewable developers, and large loads, enhancing grid efficiency. The company envisions unlocking the entire capacity of global energy grids, accelerating new power source interconnection. Its mission is to foster a more reliable, efficient, and sustainable energy future for the 21st century by reducing renewable energy curtailment.
Splight has raised $36.4M across 3 funding rounds.
Splight has raised $36.4M in total across 3 funding rounds.
Splight has raised $36.4M across 3 funding rounds. Most recently, it raised $12.4M Other Equity in August 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 26, 2025 | $12.4M Venture Round | Carolin Funk | Zoma Capital | Announced |
| Aug 1, 2025 | $12M Series U | — | Blue Bear Capital, Capnamic Ventures | Announced |
| Jul 24, 2024 | $12M Seed | KIA Nejad | Ascent Energy Ventures, Barn Invest, Enrique Penichet, Draper Cygnus, EDP Ventures, Silvia María Bruno DE LA Cruz, FEN Ventures, Reaction Global, UC Berkeley Foundation | Announced |
Splight is an AI-driven grid technology company founded in 2021 that develops software-only solutions to optimize energy grids by alleviating congestion, unlocking up to double the usable transmission capacity, and enhancing reliability without new hardware.[1][2][4] Its flagship product, Dynamic Congestion Management (DCM), uses real-time data, machine learning algorithms, and AI-powered automation to integrate with existing infrastructure, serving utilities, renewable energy developers, large loads like data centers, and grid operators facing surging electricity demand.[1][2][4][5] Splight solves critical problems like grid curtailment, long interconnection queues, and reliability issues amid clean energy integration and rising power needs from AI data centers, having raised over $26M total (latest $12.4M-$12.5M SAFE round in 2025) with strong growth momentum including deployments in the US, Europe, and Latin America.[1][3][4][5]
Headquartered in San Francisco with offices in Austin, Santiago (Chile), and Spain, Splight curtails curtailment, boosts generator revenue, lowers costs, and accelerates clean energy deployment, positioning it as a key enabler for 21st-century grid demands.[2][4]
Splight was founded in 2021 by Thomas Vadora, Fernando Llaver, and Carlos Caldart, a trio blending expertise in computer science, electrical engineering, and energy systems.[3] Vadora, an Argentine innovator in sustainable energy; Llaver, CEO with deep grid knowledge; and Caldart, a computer science specialist, emerged from backgrounds addressing global energy challenges, initially operating as Black Shark Investments before rebranding.[1][3] The idea stemmed from recognizing grid congestion as a bottleneck for renewables and new loads, using AI to optimize existing lines faster and cheaper than building new infrastructure.[1][3][4]
Early traction came from industry backing like EDP Renewables and Redeia, rapid deployments proving real-time data integration, and funding rounds building to $26M+, including a pivotal 2025 SAFE led by Blue Bear Capital and ZOMA Capital amid data center-driven demand surges.[1][3][4][5]
Splight rides the AI-energy convergence trend, addressing grid bottlenecks from exploding demand—AI data centers, EVs, renewables—where congestion curtails clean power and delays interconnections by years.[4][5] Timing is ideal amid 2025's utility-scale growth and transmission crises, with market forces like regulatory pushes for efficiency and investor focus on climate tech favoring software over capex-heavy builds.[1][3][4] It influences the ecosystem by enabling faster clean energy integration, partnering with operators to modernize aging grids, and setting a model for AI in critical infrastructure, potentially reshaping how utilities handle peak loads globally.[2][5]
Splight is primed to scale DCM deployments in North America and Europe, hiring tech talent, launching advanced AI features, and expanding via its new Embarcadero HQ amid unprecedented grid strain.[4][5] Trends like data center booms and net-zero mandates will propel it, evolving its role from congestion solver to essential grid optimizer as AI electrifies everything. With $26M+ fueled by proven traction, expect partnerships with majors and potential Series A, unlocking grids' full potential just as Splight unlocks transmission capacity—delivering the reliable, affordable energy backbone for tomorrow's tech-driven world.[1][3][4][5]
Splight has raised $36.4M in total across 3 funding rounds.
Splight's investors include Carolin Funk, Zoma Capital, Blue Bear Capital, Capnamic Ventures, Kia Nejad, Ascent Energy Ventures, Barn Invest, Enrique Penichet, Draper Cygnus, EDP Ventures, Silvia María Bruno De la Cruz, Fen Ventures.