PlanckDOT, a pioneering force in edge data centre technology, has secured $350,000 in its latest bridge round, valuing the company at an impressive $30 million.
This funding milestone comes on the heels of a successful funding round earlier this year, where the startup raised $1.6 million from HNI Angel Investors during its seed round.
The infusion of fresh capital will accelerate the ongoing development of PlanckDOT’s groundbreaking Quanta AI platform. This platform is designed to meet the burgeoning demand for data centres with generative AI applications.
Founded by industry visionaries Shishir Miglani and Ali Ahmed Saleem, PlanckDOT’s Quanta platform offers a diverse array of fully integrated, self-sustaining edge data centres. These centres are meticulously tailored to meet the dynamic needs of the corporate, enterprise, and SPC (Special Purpose Computing) entities, empowering businesses to scale their operations to new heights effortlessly.
At the core of PlanckDOT’s mission is a steadfast commitment to sustainability and reliability. The company specializes in establishing edge and hyper-scale data centres that prioritize environmental responsibility, aiming to achieve carbon neutrality while ensuring uninterrupted service delivery.
Central to PlanckDOT’s initiatives is a dedicated focus on enhancing the Power Usage Effectiveness (PUE) ratio within data centre operations. By striving for a PUE ratio of 1.0, PlanckDOT aims to set a new standard for energy efficiency within the industry, thereby reducing environmental impact while maximizing operational efficiency.
With this latest round of funding, PlanckDOT is poised to cement further its position as a trailblazer in edge data centre innovation. As the demand for advanced AI-driven solutions continues to soar, PlanckDOT remains steadfast in its commitment to delivering cutting-edge technology that empowers businesses to thrive in an increasingly data-centric world.
