Piq Energy Raises $5 Million in Seed Funding to Advance Grid Planning Platform

Piq Energy, a San Francisco-based energy software startup, has secured $5 million in seed funding to further develop its grid planning platform.

The funding round was led by Active Impact Investments. Other investors included Cisco Foundation, Mobilize AI x Energy Ventures, New Climate Ventures, Ascent Energy Ventures, Umami Capital, CLAI Ventures, and 9Zero.

Funding to Support Growth and Product Development

Piq Energy said it will use the new capital to expand its operations and accelerate product development. The company focuses on software that helps energy projects move through the grid connection process more efficiently.

As electricity demand continues to grow, developers and utilities face increasing challenges during interconnection. Therefore, the company aims to simplify planning with software-driven automation.

Platform Designed for Grid Planning

Founded in 2023, Piq Energy builds an agentic grid planning platform that brings engineering models, project data, and workflows into one system.

The platform allows developers, utilities, and grid operators to automate engineering studies. In addition, it helps evaluate advanced transmission technologies that may improve grid interconnection and planning.

Leadership and Company Focus

Piq Energy is led by CEO Tom Nudell and Dionysios Stamatiadis.

The company combines power systems expertise with software engineering to improve how energy projects move from planning to grid connection. Most importantly, its platform is designed to support faster and more efficient infrastructure planning as energy networks continue to evolve.

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