WeaveGrid
WeaveGrid is a technology company.
Financial History
WeaveGrid has raised $78.0M across 3 funding rounds.
Frequently Asked Questions
How much funding has WeaveGrid raised?
WeaveGrid has raised $78.0M in total across 3 funding rounds.
WeaveGrid is a technology company.
WeaveGrid has raised $78.0M across 3 funding rounds.
WeaveGrid has raised $78.0M in total across 3 funding rounds.
WeaveGrid has raised $78.0M in total across 3 funding rounds.
WeaveGrid's investors include 2150, Breakthrough Energy Ventures, ClimacticVC, Planeteer Capital, Prelude Ventures, Salesforce Ventures, Samsung Ventures, The Westly Group, Ramez Naam, Yoav Lurie, AlleyCorp, Amazon Climate Pledge Fund.
WeaveGrid is a San Francisco-based software company founded in 2018 that develops AI-powered platforms to accelerate electric vehicle (EV) adoption by integrating EVs with the electric grid.[1][2][4] It serves utilities, automakers, charging companies, and EV drivers, solving key challenges like grid overload from unmanaged charging, data silos between automotive and energy sectors, and renewable energy integration by optimizing charging times, reducing costs, and ensuring grid stability.[1][2][4][5] The platform uses machine learning, predictive analytics, and patented technologies like Distribution-Integrated Smart Charging Orchestration (DISCO) to enable managed charging, off-peak shifts, and grid-interactive vehicles, while delivering seamless experiences and potential revenue shares for users.[3][5] Recent momentum includes a $35M Series B led by Salesforce Ventures and a strategic investment from LG Technology Ventures in September 2025, positioning it for expanded product capabilities and partnerships.[1][3][5]
WeaveGrid emerged from the recognition that transportation decarbonization requires seamless integration between the utility and automotive industries, a vision sparked by its founders' deep expertise in energy, climate tech, and software.[2][4] Apoorv (full name not specified in sources), the key founder highlighted, built his career innovating in climate and energy at companies like Opower and NRG, alongside management consulting and venture capital roles in the sector.[4] The team draws from electric utilities, pioneering tech firms, leading automakers, and renowned research groups, blending diverse perspectives with domain knowledge.[2][4] Founded in 2018 in San Francisco, early traction came from addressing EV-grid integration pain points, leading to partnerships with utilities nationwide and investors like Woven Capital (Toyota's venture arm).[1][2][6] Pivotal moments include securing Series B funding in 2023ish (exact date not specified) for product expansion and the 2025 LG investment, solidifying its role as an ecosystem enabler.[1][3][5]
WeaveGrid stands out in the EV-grid space through patented, AI-driven software that bridges silos and delivers systems-level solutions:
WeaveGrid rides the explosive growth of EV adoption amid rising renewables and grid strain, enabling a clean, equitable energy transition by turning EVs into flexible grid assets rather than liabilities.[1][2][4] Timing is ideal as EV market evolution demands grid flexibility, load management, and battery optimization—challenges amplified by AI-driven energy demands and regulatory pushes for decarbonization.[3][5][8] Market forces like surging EV sales, utility electrification mandates, and automaker shifts (e.g., Toyota via Woven Capital) favor its approach, reducing infrastructure costs and accelerating renewables integration by charging during peak solar/wind.[2][6][7] It influences the ecosystem by setting standards for vehicle-grid integration, fostering collaborations between historically siloed sectors, and supporting resilient grids for broader tech like AI data centers.[2][5][8]
WeaveGrid is primed to dominate as the go-to platform for grid-interactive EVs, with LG's 2025 investment fueling AI enhancements, deeper automaker ties, and utility expansions amid ballooning EV fleets.[3][5] Trends like bidirectional charging (V2G), AI-optimized grids, and global electrification mandates will propel growth, potentially unlocking billions in grid services revenue. Its influence may evolve from U.S.-focused enabler to global standard-setter, weaving EVs into resilient, decarbonized networks—directly advancing the electric future it set out to enable.[2][4]
WeaveGrid has raised $78.0M across 3 funding rounds. Most recently, it raised $28.0M Venture Round in December 2024.