Curated News
By: NewsRamp Editorial Staff
May 23, 2025
Rhizome Data Secures $6.5M to Bolster Climate Resilience for Utilities
TLDR
- Rhizome Data's $6.5M funding enhances utilities' edge in climate resilience, offering tools to preempt outages and reduce wildfire risks with AI-driven insights.
- Rhizome Data utilizes AI and machine learning to analyze climate risks, enabling utilities to assess and mitigate potential infrastructure failures through detailed exposure analysis.
- By improving grid reliability and resilience, Rhizome Data's technology ensures communities maintain access to power during increasingly frequent and severe climate events.
- Rhizome Data's innovative approach combines climate science with AI, transforming how utilities prepare for and respond to environmental challenges.
Impact - Why it Matters
This news is crucial as it highlights the growing importance of climate resilience in utility infrastructure. With extreme weather events causing billions in damages annually, Rhizome Data's innovative solutions offer a way forward for utilities to safeguard their assets and ensure reliable power supply to communities. Their work not only addresses immediate risks but also contributes to long-term sustainability and environmental protection efforts.
Summary
Rhizome Data, a Washington, D.C.-based company specializing in climate risk assessment tools for utilities, has successfully raised $6.5 million in a funding round led by Base10 Partners. This round saw participation from new investors MCJ and CLAI, alongside existing supporters like Convective Capital and El Cap. Co-founded by Mishal Thadani and Rahul Dubey, Rhizome Data aims to leverage AI and climate risk data to enhance infrastructure resilience against extreme weather events. The company's SaaS platform integrates AI and machine learning to provide utilities with tools for extreme weather impact assessments, regulatory compliance tracking, and wildfire risk modeling, among others. Rhizome Data's innovative approach has already demonstrated significant benefits, such as helping a Texas utility identify 72% more potential asset failures, thereby improving outage prevention and wildfire risk mitigation. The company collaborates with various utilities and organizations, including Avangrid and EPRI’s Climate READi initiative, showcasing its commitment to enhancing grid reliability and sustainability.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Rhizome Data Secures $6.5M to Bolster Climate Resilience for Utilities
