Verse Enterprises Raises $54M Series B From Nvidia and Bessemer to Help Data Centers Skip 5-7 Year Grid Interconnection Queues
Summary
Verse Enterprises closed an oversubscribed $54M Series B led by Bessemer Venture Partners with participation from GV, NVIDIA, and Norrsken VC, and launched Dispatch Intelligence—a platform enabling data centers to bypass traditional 5–7 year grid interconnection queues by orchestrating on-site battery storage and solar as flexible load assets, reducing time-to-power by up to three years. The product integrates with NVIDIA's DSX AI Factory reference design, with battery developer Calibrant Energy providing on-site storage systems; the company targets 100 data center deployments by 2027. An estimated $500B in annual data center revenue is trapped in interconnection backlogs, making power-access timing the primary constraint on US AI compute expansion ahead of land or capital.
Originally reported by The Manila Times
Read the original article →Original headline: Verse Enterprises Raises $54M Series B From Nvidia and Bessemer to Help Data Centers Skip 5-7 Year Grid Interconnection Queues