Founded by Rajat Singh and Mehul Kumar, the Bengaluru-based startup is building a unified AI platform for renewable energy planning, procurement and operations.Clean energy tech startup EarthSync Technologies has raised $1 million in a pre-seed funding round led by Theia Ventures.
The round also saw participation from Eximius Ventures.
Founded by Rajat Singh and Mehul Kumar, the Bengaluru-based startup is building a unified AI platform for renewable energy planning, procurement and operations.
“We are thrilled to welcome Theia and Eximius as our first institutional investors, partnering with us to accelerate and simplify energy transitions for IPPs, C&I consumers, and key industry stakeholders,” the two founders said in a statement.
The company’s platform integrates techno-economic modelling, regulatory intelligence, real-time simulations and AI to help users assess pricing, policy impact and asset performance before committing capital.
The funds will be used to strengthen EarthSync’s AI-enabled modelling and forecasting engine, expand its project marketplace and scale the team and product globally.
EarthSync says it has already run simulations covering 10 GW of solar and wind capacity and 4 GWh of battery energy storage through pilot projects. These pilots have supported bidding and planning for over 200 MW of solar and wind and 100 MWh of storage projects.
“Through their proprietary AI-powered tech stack, the company is well positioned to deliver an agile, customizable, and accurate engine that disrupts the conventional Excel-based or legacy software models in this sector,” said Priya Shah, founder & general partner, Theia Ventures.
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