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Lancium Bet on Bitcoin’s Power Problem. AI Made the Grid Its Product
Lancium started by teaching Bitcoin mines when to switch off. A delayed rollout and the AI power crunch turned that clever software idea into something much bigger: the land, wires and energy system beneath gigawatt-scale computing.
Gridmatic Wants to Turn the Power Grid Into a Forecasting Problem
The former Google engineer behind Gridmatic is applying search-ad automation to a harder auction: electricity. The company now trades across all seven major U.S. power markets, operates batteries in Texas and California, and sells energy to businesses that need cost certainty without giving up cleaner power.
Base Power Company
Base Power is an Austin-based energy company that installs large-capacity home batteries and sells electricity to homeowners as a licensed Texas retail electric provider. Founded in 2023 by Zach Dell and Justin Lopas, it pairs whole-home backup with low fixed rates, using its growing fleet of distributed batteries as a virtual power plant that charges when power is cheap and discharges when the grid is strained. The company raised a $1 billion Series C in October 2025 at a $4 billion valuation and is building its own battery factory in Austin to scale nationally.
Tyba
Tyba is a San Francisco-based climate software company that helps energy companies develop, model, and operate battery energy storage projects more profitably. Its AI-driven platform pairs a Project Simulation product - which backtests and forecasts revenue for storage assets in development - with an Asset Operations product that automates real-time bidding and dispatch in wholesale power markets like ERCOT and CAISO. Founded in 2022 by former energy developers and infrastructure engineers, Tyba positions itself as the 'autopilot for batteries,' emphasizing transparent, non-black-box optimization. The company raised a $13.9M Series A led by Energize Capital in February 2025.
ElectronX
ElectronX is a U.S.-regulated electricity derivatives exchange building the financial infrastructure for the energy transition. Founded in 2024 and based in Chicago with a New York office, it offers direct-access, centrally cleared hourly power futures and binary options that let utilities, traders, renewable operators, energy-storage firms and data-center operators hedge the extreme short-term price swings that come with a grid increasingly powered by intermittent wind and solar. ElectronX holds CFTC approvals as both a Designated Contract Market and a Designated Clearing Organization, and has raised more than $55 million from investors including DCVC, Innovation Endeavors, and the venture arms of Shell and Equinor.