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Venture Capital

CivilGrid Raises $26M Series A on the Strength of a $60M

CivilGrid Raises $26M Series A on the Strength of a $60M

Venture Capital

CivilGrid, the underground-infrastructure mapping startup founded by former PG&E engineer Josh Mackanic, has closed a $26 million Series A led by Spark Capital. The round follows a PG&E pilot that found $60 million in avoidable paving costs across 1,600 gas-distribution projects — the before-and-after number that appears to have unlocked the capital.