US power delivery platform Aston Power has raised $20 million in a round led by TDK Ventures and JLL Spark Global Ventures to expand its platform in the data center sector.
– Aston Power
Aston said it will use the proceeds to grow its physical operations, expand across North America, and accelerate the deployment of its full-power infrastructure platform. The company supplies integrated power delivery solutions across generation, transmission, firming, and delivery infrastructure.
Its primary focus is on simplifying power deployment and developing an easy-to-access and reliable platform for large industrial and AI infrastructure projects. According to the company, its platform is designed to deliver utility-grade power in two to three years, much faster than alternatives.
The company’s platform works by creating a private power network for data centers and other industrial offtakers, combining on-site generation, storage, and private transmission infrastructure into a single managed service. Its software platform orchestrates the full stack in real time, bypassing utility interconnection queues to deliver power in two to three years versus the five to ten years typical for grid connections.
