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Splight Inc. secures $12M in seed funding to tackle the energy industry’s biggest problem: energy curtailment

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SAN FRANCISCO, July 24, 2024 /PRNewswire/ — Splight, an AI startup at the forefront of grid operations technologies, today announced the completion of its seed funding round. The $12M round was led by noa (formerly A/O) and joined by EDP Ventures, Elewit, Draper Cygnus, Draper B1, Ascent Energy Ventures, Fen Ventures, Reaction Global, Barn Investments, and the UC Berkeley Foundation, among others.

This capital infusion will support the company’s mission to address the global, multi-generational challenge of clean energy at scale, expanding its North America and EU presence and continuing to grow its development, implementation, and leadership teams to keep up with growing demand.

Grid congestion, also known as grid bottlenecks, is a shortage of transmission capacity caused by the grid’s reliance on outdated contingency management methods that leave up to half of grid transmission capacity unutilized. These bottlenecks lead to up to 40% of renewable energy generation being wasted and thousands of gigawatts of renewable energy projects waiting in queues to be connected to the grid.

As electrification increases across all industries, renewable energy supply and efficient grid operations are essential to meet growing demand. Renewable energy power plants, Distributed Energy Resources (DERs) and batteries are booming, but until now the industry lacked the technology to manage them at scale.

Splight has developed new AI-based technology for advanced grid operations that tackles congestion using inverter-based resources (IBRs) as a source of reliability. It significantly reduces curtailment and accelerates the connection of utility-scale renewable power plants and the deployment of DERs and batteries. Its technology takes a novel approach, using real-time data and algorithms to use IBRs as grid-friendly assets.

By using Splight technology to tackle contingencies in real-time, up to 2x extra transmission capacity is unlocked, enabling terawatts of clean energy to be injected into the grid while simultaneously adding reliability. The no-tradeoff solution is transformative for grid operations: Splight’s tech is the key to prevent clean energy being wasted and facilitate the deployment and connection of renewable energy, DERs, and batteries at the pace needed and with the existing transmission infrastructure.

“Our technology is proven and commercially viable: we are solving grid congestion while adding reliability. It can be deployed fast enough to inject more than 3,000 GWs of clean energy within months. This round is a huge vote of confidence and will be used to expand our business globally,” said Fernando Llaver, CEO of Splight.

Thomas Vadora, CTO of Splight, said: “This investment is a significant milestone on our journey and will accelerate our growth, enhance our product offerings, and deliver huge value to our customers.”

The funding round attracted diverse investors, including climate tech and energy specialized venture capital firms, industry leaders, and university endowments. The investors have a global footprint covering the UK, the US, Portugal, Spain, Brazil, Chile, Mexico and Argentina.

Kia Nejad, Investor at noa, said: “Energy curtailment is perhaps the most pressing issue for the transition to a sustainable energy system. Splight’s technology is a far more practical approach for modernizing the energy grid to meet current demands. We are excited to support Splight as they lead the implementation of scalable grid software, with an established presence amongst industry-leading customers in Europe, the US, and Latin America.”

About Splight

Splight is a pioneering AI startup that addresses the global, multi-generational challenge of clean energy at scale. It takes a fresh approach, using real-time data and AI algorithms to bridge the gap between technology and energy. It unlocks millions of terawatts of clean energy trapped by how energy grids are operated.

Splight adds a real-time operational layer and increases reliability to the grid. This new layer of reliability based on flexibility enables unleashing up to 2x of transmission capacity, massive adoption of EVs and DERs, making the most out of the use of batteries and reaching net zero electrical grids years ahead of any other alternative. 

This new approach solves the grid’s biggest problems faster and more efficiently than any other solution available today.

Splight was founded by Thomas Vadora, Fernando Llaver, and Carlos Caldart. Their backgrounds span computer science, electrical engineering and deep experience in the energy industry, culminating in the vision to revolutionize energy and sustainability through technology.

For more information, visit www.splight-ai.com.

About noa

noa (formerly A/O) is Europe’s largest built world venture capital firm and partners with the most talented founders, engineers, executives and thought leaders on revolutionary, category-leading investments to drive disruption in real estate and positively impact the entire built world ecosystem and beyond.

Launched in 2019 as A/O, noa closed its first evergreen vehicle with €250m, backed by some of the largest and most forward-thinking real estate owners, operators and family offices in Europe who share noa’s vision and commitment to improving quality of life, accelerating sustainable living, and enabling decarbonisation of the largest asset class in the world.

For more information, visit www.noavc.com.

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BRAHMA AI Wins 2026 Technology & Engineering Emmy®

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Emmy Award recognises the foundational technology behind BRAHMA AI’s high-fidelity AI content platform

LONDON, Sept. 10, 2026 /PRNewswire/ — BRAHMA AI has been named a recipient of a 2026 Technology & Engineering Emmy® Award for AI-Based Face Replacement and Performance-Preserving Post-Production Transformation. The award recognises BRAHMA AI’s Neural Performance technology.

The award honours systems that change a performer’s appearance while preserving natural expression, movement, lighting and scene realism, maintaining continuity across a sequence and adapting to changes in pose, lighting and occlusion.

BRAHMA AI is recognised alongside Disney Research, Rising Sun Pictures and Digital Domain, and is the only AI-native company among the four recipients.

“This Emmy® recognises technology that has been proven where the bar is highest: feature films, television and live production, in front of performers, directors and global audiences,” said Jo Plaete, Chief Technology Officer of BRAHMA AI. “Human creativity amplified by AI, with the performer and the authenticity of the performance kept at the centre, is the foundation of everything we build at BRAHMA AI. Being recognised at this level confirms that approach is dependable enough for the most demanding work in the industry.”

Human facial performance is one of the hardest problems in generative media. Small losses in timing, gaze or expression change the performance. BRAHMA AI’s Neural Performance technology was built to hold those qualities fixed while enabling controlled changes of age, likeness and identity.

The technology was proven at feature-film scale on Robert Zemeckis’s Here. Younger versions of Tom Hanks and Robin Wright were visualised on set in near real time, and the system delivered approximately one hour of final 4K transformation for the finished film. It has since been used across feature films, television, live performance and multilingual content, most recently on Ramayana, where BRAHMA AI’s technology delivers performance-preserving English-language lip-sync for the film’s international release.

The core methods are protected by US Patent No. 12,322,018, ‘Latent Space Editing and Neural Animation to Generate Hyperreal Synthetic Faces.’ The same research now underpins ATMAN, BRAHMA AI’s digital-human technology, and the wider BRAHMA AI platform for creating, localising and governing enterprise audiovisual content.

The 2026 Technology & Engineering Emmy® Awards are presented by the National Academy of Television Arts & Sciences and will be held on 14 October 2026 at the Television Academy’s Saban Media Center in North Hollywood, California, in a joint ceremony with the Television Academy’s Engineering, Science & Technology Emmy® Awards. The official recipients are listed at televisionacademy.com.

About BRAHMA AI

BRAHMA AI is the AI-native operating system for enterprise content. It enables organisations to understand, organise, create, localise and govern audiovisual content at scale. 

Built on its Mind² philosophy, BRAHMA AI combines human creativity with machine intelligence to deliver high-fidelity content, faster workflows and trusted global distribution. Born in media, sports and entertainment, BRAHMA AI brings production-proven AI to organisations across entertainment, advertising, healthcare and financial services.

Visit www.brahma.io.

 

 

 

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Tata Elxsi Invests in KAVIA AI to Scale AI-Driven Software Engineering for Products and Enterprises

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BENGALURU, India, Sept. 10, 2026 /PRNewswire/ — Tata Elxsi, a global leader in design and technology services, today announced a strategic investment in KAVIA AI, a Silicon Valley-based enterprise AI platform company. The investment strengthens the collaboration between the two companies to help enterprises manage, modernise, and transform complex software environments at scale.

As a global leader in AI and GenAI-driven product and software engineering, Tata Elxsi enables enterprises to implement the AI Development Lifecycle (AIDLC), accelerating architecture design, brownfield refactoring, software development, quality assurance, deployment, continuous monitoring and debugging across the product and software lifecycle.

The collaboration brings together Tata Elxsi’s expertise in domain-led engineering with KAVIA AI’s knowledge graph and workflow intelligence platform. Over the past one year, the companies have worked together to deploy the platform for enterprise engineering use cases, addressing challenges around industry-specific product and software engineering, accelerated release cycles, quality, resilience, and cybersecurity readiness.

Manoj Raghavan, Chief Executive Officer and Managing Director, Tata Elxsi, said, “Through STEP.UP, Tata Elxsi’s startup engagement program for high-potential deep tech companies, we have worked closely with KAVIA AI and seen the strength of its technology firsthand. This investment reflects our shared vision for AI-driven software engineering.”

Across industries, distributed teams have been creating millions of lines of code over the years using multiple repositories and diverse technology stacks to evolve enterprise products and platforms. As organisations face this complex brownfield environment, critical knowledge often remains fragmented across code, documentation, systems, tools, and teams.

While most AI tools focus on accelerating coding, KAVIA AI enables enterprises to scale across the AIDLC by combining persistent knowledge, governed engineering artifacts, collaboration, traceability, and deployment through a single platform.

Labeeb Ismail, Founder and Chief Executive Officer, KAVIA AI, said, “We are delighted with this strategic investment by Tata Elxsi and the trust it has placed in us. KAVIA AI brings system assets for enterprises to establish AIDLC workflows, operating models, and the checks and balances needed to operationalise AI across the software lifecycle. Together with Tata Elxsi, we look forward to shaping the future of software delivery.”

Building on this foundation, Tata Elxsi and KAVIA AI are working together to harness the power of AI responsibly and help organisations transform their products and services.

About Tata Elxsi

Tata Elxsi is a global design and technology leader, driving innovation at the intersection of design, digital, and engineering. With 35+ years of experience across industries, the company delivers end-to-end solutions for automotive, media, healthcare, energy, smart manufacturing and communications—from embedded systems to cloud-native platforms.

Tata Elxsi combines domain-led consulting, full-stack development, and system integration with a portfolio of award-winning AI and GenAI platforms.

By combining AI-first thinking with full-stack product engineering, Tata Elxsi enables organisations to move from GenAI experimentation to scaled deployment—securely, efficiently, and with confidence.

For more information, visit www.tataelxsi.com.

About STEP.UP

STEP.UP is Tata Elxsi’s startup engagement program for deep tech startups, combining co-creation and joint go-to-market engagement with an innovation fund. The program supports founders with strategic investment, engineering and design expertise, and access to global markets. By bridging innovation and commercialization, STEP.UP helps accelerate the journey from breakthrough ideas to industry-scale impact.

For more information, visit https://www.tataelxsi.com/step.up.

About KAVIA AI

KAVIA AI is the enterprise software engineering platform for complex codebases. KAVIA connects teams through code understanding, workflow automation, artifact generation, reviewable code and validation across repositories and environments.

The platform supports Visual Studio Code, CLI and Git-based workflows and offers customer-controlled deployment options and flexible model choices.

Learn more at kavia.ai.

General inquiries: Submit a request through the KAVIA AI Contact Page.

 

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Tamar AI Unleashes Creativity with Glanze, a New AI Streaming Platform at 83rd Venice Film Festival

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VENICE, Italy, Sept. 10, 2026 /PRNewswire/ — Tamar AI, the Palo Alto-based AI-powered creative technology company behind TapNow, the world’s first AI-native Creative OS, today announced the launch of Glanze at the 83rd Venice Film Festival. As a streaming platform for original AI-native series, films, and explorable worlds, Glanze extends the TapNow ecosystem, creating a single connected path from creation to global audience.

Powered by TapNow and fed by its global IP incubation initiative 10,000 Parallel Universes, Glanze is a streaming platform built to redefine how stories are discovered, turning the exploration of original works into part of the entertainment experience. With Glanze now live, locally rooted AI-native series and films are brought to global audiences without the limits of traditional streaming platforms. Glanze opens with 40 titles available for preview, enabling creativity to travel without boundaries.

“Debuting Glanze at Venice, one of the world’s most prestigious film festivals and where the future of cinema is first seen, marks our ambition to establish AI as a creative and meaningful force in the global film industry. Glanze is not just a streaming platform but an integral part of the TapNow ecosystem, rooted in our belief that AI exists to amplify creation from idea to distribution,” said Klaus He, Co-founder of Tamar AI.

The Glanze launch was accompanied by a panel co-hosted by TapNow during the Venice Film Festival’s Venice Production Bridge on September 4. The “AI x Cinema: The 10,000 Parallel Universes Initiative” panel brought together AI filmmakers, industry leaders and film educators to explore AI’s creative and economic impact on filmmaking. The session closed with a technical presentation of “Primodia,” a flagship series from the 10,000 Parallel Universes initiative, to showcase TapNow’s Creative OS in action. On September 7, a curated screening of selected AI-native stories from the initiative offered a first look of the original worlds that Glanze is built to bring to global audiences.

Venice marks the beginning of a broader season of activity for Tamar AI, which will next bring its AI filmmaking community to Japan and Korea for Arena Peak Asia, its proprietary creator hackathon focused on cross-border AI storytelling, in October 16 – 19.

About Tamar AI
Tamar AI is a global AI-powered creative technology company headquartered in Palo Alto, California, built on the belief that AI should amplify the creator, not replace them. Its flagship product, TapNow, the world’s first AI-native Creative OS, powers an ecosystem spanning tools, community, talent development, production, education, and distribution, forming a continuous path from first idea to finished work, from creator community to global audience. Trusted by creators across 150+ countries and regions, Tamar AI supports creators at every stage of the creative lifecycle through AI Creation System, AI-native Creator ecosystem, and Glanze – the streaming platform for original AI-native IPs.

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SOURCE Tamar AI

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