Soma Energy has announced it has raised $7 million (£5.29m) to scale its AI-powered platform that unlocks existing grid capacity for data centres.
The company’s platform optimises how distributed energy resources, battery storage and generation assets interact with the wholesale electricity market.
This helps power producers and data centres operate more efficiently, reduce costs and unlock additional capacity.
The platform unlocks capacity already present in the grid but currently underutilised, delivering power to energy-intensive facilities in months rather than years, at a fraction of the cost of traditional alternatives.
For data centres, Soma Energy connects onsite generation, storage and load into a single control layer, transforming large facilities into flexible grid assets.
For power producers, its real-time dispatch intelligence determines when to generate, store or trade across solar, wind and battery assets to lower cost per MWh and reduce price volatility.
The seed round was led by Category Ventures, with participation from Haystack, RRE Ventures, TO VC, Uncork Capital and pre-seed investors Panache Ventures and Walter Kortschak.
Ath Caramanolis, CEO and Co-Founder, Soma Energy said: “We saw and solved these problems at AWS 10 years ago, the grid constraints, the interconnection delays, the complexity of managing power at scale.
“We built the company because we knew there was a better way. The answer is not simply more infrastructure, but better orchestration. By applying AI to power plants and large energy loads in real time, we unlock flexibility that already exists and accelerate time to power today.”
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