PADO AI, a Malibu, CA-based energy orchestration SaaS platform for data centers, has raised $6 million in Seed funding.
Investors
The round was led by NovaWave Capital, an LG NOVA-supported fund backed by LG Electronics.
NovaWave Capital is a venture capital firm that focuses on investing in early- and growth-stage technology startups, particularly in sectors such as artificial intelligence, fintech, and enterprise software. The firm backs companies with strong innovation potential and scalable business models, providing both capital and strategic support to help them expand.
PADO AI Use of Funds
The company will use the funding to accelerate product development and expand globally, with a focus on penetrating the mid-market colocation data center segment.
About PADO AI
Led by CEO Wannie Park, PADO AI is a company that provides an AI-powered energy orchestration SaaS platform designed for data centers. Its solution leverages artificial intelligence and machine learning to optimize the interaction between compute workloads, power consumption, and cooling infrastructure, maximizing compute per megawatt. Headquartered in Malibu, California, PADO AI enables intelligent workload scheduling, precision cooling, distributed energy resource optimization, and automated ESG reporting.
Funding Details
Company: PADO AI Orchestration, Inc.
Raised: $6.0M
Round: Seed
Funding Date: March 2026
Lead Investor: NovaWave Capital
Additional Investors: LG NOVA
Company Website: https://pado.co/
Software Category: AI / Data Center Energy Orchestration
Source: https://www.globenewswire.com/news-release/2026/03/19/3258928/0/en/PADO-AI-Announces-6-Million-Seed-Round-to-Deliver-AI-Powered-Workload-Orchestration-Resources-for-Data-Centers-to-Maximize-Compute-per-Megawatt.html