Critical Conditions

New industrial power solutions arrangement focuses on grid interconnectivity

Critical Loop, an industrial power solutions company, today announced $26 million in funding led by Conifer Infrastructure Partners and Hanover, with participation from Better Ventures, Climate Capital, Adapt Nation Capital, and Cyrus Ventures. The raise brings total committed equity and debt funding to date for the company to $49 million and will accelerate the company's work with partners, including San Diego International Airport, supported by a supply agreement for US-made batteries with LG Energy Solution Vertech.

Businesses and utilities across the United States routinely wait for years for permanent grid infrastructure upgrades before they can connect or expand. Critical Loop's approach couples flexible interconnection with microgrids to close that gap to days or weeks. The company combines battery storage, generation, and Cygnus, its software-defined power controller, into a single deployable platform.

"In just a couple of years, we've built a software and hardware stack that has the potential to accelerate time to power from years to days, and with this team, we believe we can keep doing things that were previously considered impossible," said Bala Ramamurthy, Co-Founder and CEO, Critical Loop. "The caliber of people we have attracted makes me confident about what we'll build next."

Critical Loop’s CLB-5100 is a scalable, integrated 1 MW battery system that can connect to on-site generation, existing grid infrastructure, and emerging sources of distributed generation. The system can also be moved to wherever grid capacity is constrained, allowing utilities to connect customers while permanent upgrades proceed in the background. While AI data centers have brought urgency to power demand, they represent one subset of the broader load growth facing the distribution grid. Critical Loop built CLB-5100 to support this larger system as utilities prepare for the next wave of industrial and digital infrastructure.