Phaidra
Facts
- HQ
- Seattle, Washington, US
- Sectors
- Software Development
- Founded
- 2019
- Employees
- 96
- Founders
- Jim Gao, Veda Panneershelvam, Katie Hoffman
Fortune: Ineffable Intelligence names six nonfounders as cofounders, including four ex-DeepMind hires and an InstaDeep executive
Ineffable Intelligence granted the title of cofounder to six people—four from Google DeepMind, one from InstaDeep, and one from a Seattle venture firm—despite none having founded the ten-month-old London startup, which has no product and a $5... valuation reported by Fortune.
Seattle VC Flying Fish Partners Joins $1.1B Seed Round for DeepMind’s David Silver’s Startup Ineffable Intelligence
Seattle-based VC firm Flying Fish Partners secured a spot in the $1.1 billion seed round for DeepMind legend David Silver's startup Ineffable Intelligence through years of relationship-building and strategic early investments. Despite managing less than $250 million, their networking and persistence led to participation alongside major investors like Sequoia Capital and Lightspeed Venture Partners.
Seattle AI Startup Phaidra, Backed by Nvidia, Raises $120M to Combat Data Center Overheating with Partners CoreWeave and Applied Digital
Seattle startup Phaidra, backed by Nvidia, has developed AI technology to predict and prevent data center overheating, partnering with CoreWeave and Applied Digital to deploy its cooling solution. The company has raised $120 million and employs around 90 people.
Seattle AI Startup Phaidra Raises $50M to Enhance Data Center Energy Efficiency with Advanced AI
Seattle startup Phaidra raised $50 million to advance its AI technology that improves energy efficiency in data centers by optimizing electricity, cooling, and workloads. The funding, led by Collaborative Fund, will support further development, strengthen ties with Nvidia, and expand its global reach.
Seattle VC Flying Fish Raises $25M Opportunity Fund for AI Startup Follow-On Investments
Seattle venture capital firm Flying Fish is raising a new $25 million Opportunity Fund to support follow-on investments, complementing its existing funds focused on AI startups. Founded in 2017 and led by Heather Redman, Geoff Harris, and Frank Chang, the firm has expanded its investments geographically and across AI technologies.
Phaidra Applies AI to Cut Data Center Power Consumption Amid Rising U.S. Electricity Demand for AI Infrastructure
Phaidra, a startup co-founded by former DeepMind execs, uses AI to enhance energy efficiency in data center cooling systems, addressing the growing electricity demand driven by AI infrastructure. With data centers projected to consume 8% of U.S. power by 2030, Phaidra aims to reduce their environmental and cost impacts through real-time management of facility power usage.
Phaidra raises $4M led by Flying Fish with Mark Cuban among investors to scale AI for industrial automation
Phaidra, a 15-person startup founded in 2019 that builds AI agents to analyze sensor data and optimize industrial facilities, raised $4 million led by Flying Fish with participation from Section 32, Character, Starshot Capital and Mark Cuban. The company — led by ex-DeepMind engineers Jim Gao and Vedavyas Panneershelvam and industry veteran Katherine Hoffman — will use the funding to expand in process heating/cooling, chemical manufacturing and paper and pulp.
Ex-DeepMind Engineers’ Startup Phaidra Raises $1.5M to Build In-House AI for Industrial Customers, Launches in Seattle
Stealth startup Phaidra, founded by ex-DeepMind engineers Jim Gao and Vedavyas Panneershelvam with industry veteran Katherine Hoffman, raised $1.5 million to build AI tools that let industrial companies develop in-house models while retaining data and IP. The four-person company chose Seattle for its mix of tech ecosystem and industrial roots and is currently building a beta product.
People
-
Gao Founder, Co-founder and CEO
-
Jim Gao Founder, Co-founder, CEO & Co-founder
-
Vedavyas Panneershelvam Founder, Co-founder, CTO & Co-founder
