Rhizome

Rhizome is a startup in the AI, Energy, and Enterprise Software sectors, which aims to revolutionize the power grid industry through their AI-powered software. Established in 2023 and head-quartered in the United States, Rhizome's slogan "Building AI-powered software at the intersection of climate risk and the power grid" reflects their commitment to addressing climate-induced power grid failures. Their recent accomplishment includes securing a $1.00M Seed Round investment on 17th June 2024 from Convective Capital, a prominent venture capital firm. Rhizome's innovative approach of helping electric utilities identify vulnerabilities from climate hazards, quantify risks, and measure the benefits of asset investments signifies their dedication to safeguarding infrastructure, communities, and businesses against escalating extreme weather threats. This forward-thinking startup stands at the forefront of addressing climate risk in the power grid space, positioning itself as an attractive prospect for potential investors and partners.