ImpactAlpha, July 21 — The San Francisco startup, launched by ex-Google engineers, uses AI- and machine learning to help local utilities and energy providers manage a cleaner, more efficient grid. By connecting substations and transformers to rooftop solar systems and smart water heaters, grid operators can enhance reliability and compensate local resource owners.
“We see a fundamental shift happening within the electric utility segment, and it’s one that releases the old image of consumers as ratepayers and instead sees them as community members,” said Camus’ Astrid Atkinson.
The Series A financing round was led by Park West Asset Management, with participation from Congruent Ventures, Wave Capital and other investors.
In Colorado, member-owned Holy Cross Energy is aiming to supply customers with 100% carbon-free power by 2030. The utility said Camus’ platform will help it integrate community and consumer-owned solar arrays and energy storage, manage peak energy demand and increase electrification of buildings and transportation.