AI & Enterprise
Digital twin startup Neara raises $63 million in Series D
Australian startup Neara has raised $63 million in a Series D funding round, SiliconANGLE reported on Monday. The round was led by TCV and joined by existing investors Partners Group, EQT, Square Peg Capital and Skip Capital. Neara combines IoT sensors and AI to recreate real power grids in 3D, helping power companies optimise equipment, identify unused capacity, improve responses to storms and fires, and support expansion planning.
