Solar energy startup Glow has raised $30 million in a fresh round of funding from venture capital firms Framework and Union Square Ventures. Separately, Peak XV Partners, which has most of its investments in India and Southeast Asia has backed the US-based AI startup Enterpret.
Solar energy startup Glow raises $30m
Solar energy startup Glow has raised $30 million in a fresh round of funding from venture capital firms Framework and Union Square Ventures.
The investment will fuel Glow’s mission to accelerate the adoption of renewable energy, the company said in a statement. Glow claims that its three solar farms have already gone live in the Indian state of Rajasthan, generating a total of 21.3 MW of solar capacity.
“This investment will enable us to scale our operations, expand our network of solar farms, and empower communities around the world with clean, affordable energy, starting with India,” said David Vorick, chief executive officer and co-founder of Glow.
Peak XV backs US-based AI startup
Peak XV Partners, which has most of its investments in India and Southeast Asia has backed a US-based AI startup Enterpret.
In its Series A round, Enterpret raised $20.8 million led by Canaan Partners, with participation from Kleiner Perkins, Peak XV Partners, Wing Ventures, and Recall Capital.
Brothers Varun and Arnav Sharma co-founded Enterpret in 2020 after seeing firsthand how product and CX teams were struggling to use customer feedback data to make decisions despite their best efforts. Varun spent his early career as a Customer Success Manager at LinkedIn, Amplitude and Scale AI while Arnav was a computational linguistics researcher turned Engineering Lead at Uber.
