Digital Power-Optimization
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $100k | Seed | |
N/A | $440k Valuation: $4.0m | Seed | |
* | $2.5m | Series A | |
Total Funding | CAD4.1m |
Recent News about Digital Power-Optimization
EditDigital Power Optimization (DPO) specializes in creating profitable solutions for power asset owners and developers by maximizing the value of their energy. Operating in the renewable energy sector, DPO addresses the issue of electrical load imbalances caused by the variable nature of renewable power sources like solar and wind. The company achieves this by integrating flexible data centers with power generation facilities, capturing over 100 MWh of otherwise underutilized electricity. DPO's business model involves setting up and managing these data centers, ensuring that all financial benefits accrue to the power asset owners. Revenue is generated on a performance basis, meaning DPO earns only when the asset owners do, ensuring full alignment of interests. Transparency in buildout economics and profitability is a core feature of their service. Founded in early 2020, DPO leverages proof of work computing to stabilize power grids and enhance the efficiency of power plants. The company primarily serves power asset owners and developers who are looking to optimize their energy output and revenue streams in an increasingly renewable-focused market.
Keywords: renewable energy, power asset optimization, flexible data centers, electrical load balancing, proof of work computing, energy efficiency, revenue maximization, power generation, transparent economics, performance-based revenue.