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The Korean Startup Trying to Shrink the Grid's Heaviest Box
Crocus wants to replace the hundred-year-old iron transformer with a silicon one that thinks. Its bet: the same box that charges electric cars can also keep an AI data center from browning out.
Flipturn
Flipturn is a New York-based software company building the unified control center for EV fleet and charger operations. Its hardware-agnostic, cloud platform connects to any OCPP-compliant charger, giving fleet operators and property managers real-time visibility into charger health, automated load balancing and demand-charge mitigation, driver billing with no app required, and AI-powered diagnostics. Founded in 2022 by Samsara and Stripe alumni Katie Siegel and Sashko Stubailo, Flipturn serves Fortune 500 fleets, municipalities, and multifamily operators, and raised an $11M Series A led by CRV in November 2024.