Press Release: Buzz Solutions Raises $3.3M in Funding
Buzz Solutions, a Palo Alto, CA-based AI company focused on making energy infrastructure stable, raised $3.3M in funding.
The round was led by GoPoint Ventures with participation from MaC Venture Capital.
The company intends to use the funds to continue building its technology that can inspect transmission, distribution, and substation infrastructure helping to prevent power outages, wildfires and other dangerous situations.
Led by CEO Kaitlyn Albertoli, Buzz Solutions is a startup company safeguarding the energy infrastructure by providing AI-powered predictive analytics and actionable insights from infrastructure inspections. The company enables field teams to perform the prioritized maintenance in a timely manner reducing the likelihood of wildfires, forced shutdowns, and power outages resulting from failed grid infrastructure.
Buzz has worked with several large utilities across North America, including the New York Power Authority and Newfoundland Power. In addition to power grid inspections, the company is now expanding its offerings to include substations and oil and gas infrastructure. In these new markets, Buzz will provide analytics for pipeline and renewable asset inspections including wind, solar, and hydroelectric, delivering component and anomaly detections, as well as methane leakage detections.
First published in Dec. 1, 2022.