Grid software startup Texture has raised a $12.5 million Series A round as utilities scramble to keep up with rising electricity demand from EVs, EV chargers, data centers, renewables, and extreme weather.
The funding round was co-led by VoLo Earth Ventures and Equal Ventures, with participation from Lerer Hippeau and Abstract Ventures. The Series A round brings Texture’s total funding to roughly $23 million. The company says the new funding will support hiring and further platform expansion.
Utilities are under pressure from all sides now. Grids that were built for one-way electricity flow now have to handle EV charging spikes, utility-scale renewables, rooftop solar, batteries, smart thermostats, and growing demand from AI data centers, often all at the same time.
Texture’s pitch is that utilities don’t need another disconnected software tool. Instead, the company wants to give operators one real-time view of everything happening on the grid.
The platform connects with meters, devices, or data sources. Then data from batteries, EVs and EV chargers, solar systems, SCADA systems, advanced metering infrastructure (AMI), and smart thermostats flow into a single layer so operators can monitor grid conditions and respond faster when something goes wrong.
