Neara uses AI, machine learning and a physics engine to create dynamic 3D digital twins of power grids and critical infrastructure networks. Utilities and asset owners use the platform to design and redesign networks, analyze wildfire, flood and storm risk, and manage physical assets with engineering-grade accuracy at scale. Founded in 2016 in Sydney by Daniel Danilatos, Jack Curtis and Karamvir Singh, Neara raised a $45M Series C in late 2024 (EQT and Partners Group) and a $90M Series D in February 2026 that pushed its valuation past A$1.1B, making it a unicorn in the infrastructure digital-twin space.
Neara
ActiveAI-powered 3D digital twins for grids and critical infrastructure
Total raised
$135M
2 rounds
Stage
Series D
Team
201-500
since 2016
Pricing
Freemium
free plan
Founded
2016
Sydney, Australia
Agent-ready
API
Score 40/100
Physics-based 3D infrastructure digital twins
AI modeling from LiDAR and sensor data
Wildfire, flood and storm risk analysis
Network design and redesign simulation
Asset condition and clearance analysis
Engineering-grade physics engine
Scenario and resilience planning
40/100
Developing
MCP server
Public API
Webhooks
OAuth 2.0
SDKs
— Series D $90M incl. Prosus Ventures +2
— Series C $45M incl. EQT +4
Capital network
$165M raised ·5 backers·10 network links
- Backers5
- Shared portfoliocompanies these backers also fund
- Extended networkfunds that co-invest alongside them
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- What does Neara do?
- It builds AI, physics-based 3D digital twins of power grids and critical infrastructure.
- Who founded Neara?
- Daniel Danilatos, Jack Curtis and Karamvir Singh, in 2016 in Sydney.
- How much has Neara raised?
- Roughly $165M, including a $45M Series C (2024) and a $90M Series D (2026) at a $1.1B+ valuation.
- Who uses Neara?
- Utilities, grid operators and critical-infrastructure owners worldwide.
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