Piq Energy, a San Francisco-based provider of an agentic grid planning platform, has raised $5 million in seed funding to solve one of clean energy’s biggest bottlenecks.
The round was led by Active Impact Investments, with participation from the Cisco Foundation, Mobilize AI x Energy Ventures, New Climate Ventures, Ascent Energy Ventures, Umami Capital, CLAI Ventures, and 9Zero.
Founded in 2023 and led by CEO Tom Nudell and Dionysios Stamatiadis, Piq Energy develops software that helps clean energy companies connect their projects to the electrical grid. Its agentic grid planning platform offers engineering tools that connect models, data, and workflows into a single platform enabling developers, utilities, and grid operators to plan and interconnect renewable projects faster.
Grid interconnection has become a critical bottleneck for renewable energy deployment worldwide, with projects often waiting years for grid studies. Piq’s AI-driven approach aims to dramatically reduce that timeline.