Phaidra

AI-Enabled Industrial Control Systems

General Information
Company Name
Phaidra
Founded Year
2019
Location (Offices)
Seattle, United States +1
Founders / Decision Makers
Number of Employees
94
Industries
AI, Automation, Information Technology +1
Funding Stage
Series Unknown
Social Media

Phaidra - Company Profile

Phaidra is a US-based Information Technology startup founded in 2019. The company specializes in deploying artificial intelligence virtual plant operators to assist operations teams in mission-critical facilities, aiming to deliver significant improvements in stability, energy efficiency, and sustainability. Their self-learning, intelligent control systems cater to the industrial sector, targeting facilities such as pharmaceutical production, data centers, and district energy plants. Led by a team with expertise from companies like Google-Deepmind, Trane, and Johnson Controls, Phaidra aims to revolutionize the industrial sector, which currently relies on static infrastructure and hard-coded control systems. The company's AI-powered control systems are designed to automatically learn, adapt, and improve over time, bringing dynamic change to facilities that have long operated in a static manner. In July 2022, Phaidra secured a $25.00M Series A investment from a group of prominent investors, including Vela Partners, Ahren Innovation Capital, Flying Fish Partners, Helena, Section 32, Starshot Capital, Character, Root and Shoot Ventures, Mustafa Suleyman. Their proven track record, such as delivering 40% energy savings at Google's data centers, solidifies their potential to bring AI technology to a broader range of industrial facilities. With their innovative approach and strong investor backing, Phaidra appears well-positioned to disrupt the industrial control systems market.

Taxonomy: Industrial Automation, Control Systems, Energy Efficiency, Mission-Critical Facilities, Data Centers, Pharmaceutical Production, District Energy, Industrial Sector, AI-Powered Control Systems, Virtual Plant Operator, Process Controls & Optimization, Closed-Loop AI Control

Funding Rounds & Investors of Phaidra (4)

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Funding Stage Amount No. Investors Investors Date
Venture Round $12.00M 1 02 Jul 2024
Series A $25.00M 9 Mustafa Suleyman 15 Jul 2022
Seed Round $4.00M - 24 May 2021
Seed Round $1.50M - 28 May 2020

Latest News of Phaidra

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No recent news or press coverage available for Phaidra.

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