Clir offers a cloud-based AI platform that ingests operational data, cleans and analyzes it with proprietary algorithms, and provides actionable insights to maximize annual energy production and clarify asset performance. Since founding in early 2017, the company has supported over 10 GW of assets worldwide and serves customers that collectively own more than 10% of global installed wind and solar capacity. Clients typically see increases of up to 5% in Annual Energy Production in the first year. The business sells tools to asset owners and managers for optimization across the asset lifecycle, including operations, financing, insurance and repowering. The CAD$27 million Series B will fund further development of ‘smart’ products using industry-wide data to better evaluate technical and financial risk. Clir plans to accelerate growth in its existing European and North American markets and expand into Latin America, Africa and Asia‑Pacific.

Total raised

$22M

Funding rounds

1

Latest round

Series B

Latest activity

Apr 2021