Intrinsic Power to Accelerate Commercialization of AI Power Infrastructure for Data Centers

LOS ANGELES--(BUSINESS WIRE)--Jul 15, 2026--

Intrinsic Power, a developer of AI-enabled electrical infrastructure, today announced the first close of its Seed financing, bringing together a syndicate of strategic investors with deep expertise across industrial technology, energy infrastructure, and digital infrastructure. The financing from Kyocera Ventures, Drive Catalyst, Boost VC, and RPV Global will accelerate commercialization of Intrinsic Power’s AI power orchestration platform while supporting the company’s expansion into one of the fastest-growing infrastructure markets in the world: AI data centers.

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The rapid adoption of artificial intelligence is transforming demand for electrical infrastructure. As AI computing scales, power availability—not computing hardware—is increasingly becoming the limiting factor for new data center deployments. Operators need more than additional generation; they need intelligent infrastructure capable of dynamically optimizing how electrical capacity is utilized.

Intrinsic Power’s AI power orchestration platform continuously monitors electrical conditions, predicts available capacity, and coordinates distributed energy resources in real time. Rather than treating electrical equipment as independent assets, the platform enables an entire facility to operate as a unified, intelligent power system—unlocking additional usable capacity while improving resiliency, flexibility, and operational efficiency.

The company’s expansion into AI data centers builds upon technology already deployed in commercial power management applications. The same AI-powered orchestration capabilities developed across these markets are now being applied to help address one of the most significant infrastructure challenges facing the AI economy.

“Intrinsic Power was founded on the belief that electrical infrastructure should be intelligent, adaptive, and capable of optimizing itself in real time,” said Broc TenHouten, Co-founder and CEO of Intrinsic Power. “As AI infrastructure and data centers rapidly increase demand for electricity, our platform is uniquely positioned to help customers unlock additional grid capacity, improve resiliency, and accelerate deployment without waiting for costly infrastructure upgrades. Our mission is to build the AI operating layer for modern, distributed electrical systems, and we're excited to partner with investors who share that long-term vision.”

The first close includes participation from Kyocera Ventures, Drive Catalyst (the venture capital arm of Far Eastern Group), Boost VC, and RPV Global. Beyond capital, these organizations bring strategic relationships across industrial manufacturing, advanced energy systems, venture investing, and critical infrastructure that can help accelerate commercialization of Intrinsic Power’s platform.

“The rapid growth of AI is creating new demands on electrical infrastructure. We believe intelligent power orchestration will become an important component of next-generation data center power systems, and Intrinsic Power is developing an innovative platform to address this emerging opportunity. We're pleased to support the company as it advances its technology and expands into this rapidly growing market,” said Rick Johnson, General Partner, Kyocera Ventures.

“AI and electrification are increasing the need for smarter, more flexible approaches to power management. Intrinsic Power's software-defined power orchestration platform represents an innovative approach to improving electrical infrastructure utilization, and we're pleased to support the team as they continue building strategic partnerships and bringing this technology to market,” said Juliana Pidner Hsu, Managing Director, Drive Catalyst.

Unlike traditional energy management systems that primarily monitor equipment, Intrinsic Power’s platform actively orchestrates the flow of electricity across an entire facility, enabling distributed power resources, storage systems, controllable loads, and utility interconnections to operate as a coordinated system. This software-defined approach helps customers maximize existing electrical infrastructure, reduce peak demand, integrate distributed energy resources more effectively, and improve overall system resilience.

The financing will support continued product development, expansion of the engineering team, customer deployments, and strategic partnerships as the company continues its Seed financing and accelerates commercialization across commercial buildings, critical infrastructure, and AI data centers.

About Intrinsic Power

Intrinsic Power is building the next generation of AI-enabled electrical infrastructure. Its AI power orchestration platform continuously senses, predicts, and optimizes the flow of electricity across buildings and campuses, enabling customers to maximize existing electrical capacity, integrate distributed energy resources, improve resilience, and accelerate electrification. The company’s technology has been deployed across commercial energy applications and is expanding into AI data centers, resilient power systems, and other mission-critical infrastructure markets.

For more information, visit www.intrinsicpower.com.

Intrinsic Power is building the next generation of AI-enabled electrical infrastructure. The company's latest funding will help accelerate commercialization of Intrinsic Power’s AI power orchestration platform. The orchestration platform continuously senses, predicts, and optimizes the flow of electricity across buildings and campuses, enabling customers to maximize existing electrical capacity, integrate distributed energy resources, improve resilience, and accelerate electrification.

DUBAI, United Arab Emirates (AP) — The United States expanded its airstrike campaign against Iran early Friday by hitting more bridges and apparently collapsing a tower at a key Iranian port, part of U.S. President Donald Trump’s threats to start striking infrastructure to pressure Tehran to ease its chokehold on the Strait of Hormuz. Iran launched new missile attacks against U.S.-allied nations in the Middle East, including Qatar, a key mediator in the war.

The interim ceasefire agreed to last month has collapsed, and the region has endured days of back-and-forth attacks by the U.S. and Iran as they battle for control of the strait. Iranian officials say U.S. strikes have killed more than 35 people and wounded over 300 others, with new casualties reported in Friday’s strikes.

When the U.S. and Israel launched the war on Iran on Feb. 28, Tehran effectively closed the strait to shipping traffic, a move that sent the price of oil soaring and gave Iran major leverage in negotiations.

Speaking in a primetime address to the American public, Trump insisted the war was going well.

“We are likewise winning big in Iran, and you will see the fruits of that labor very, very shortly,” Trump said.

The U.S. airstrikes hit bridges overnight into Friday in Iran’s southern Hormozgan province, killing at least seven people, Iranian state television reported. The attacks hit Bandar Khamir, a city on Iran’s coast on the Strait of Hormuz.

The U.S. military’s Central Command said it hit dozens of targets in its latest airstrikes, which concluded at dawn Friday, the sixth night in a row of American attacks.

The strikes also appeared to have collapsed a tower at Iran’s Chabahar port on the Gulf of Oman, a key trade route for landlocked, neighboring Afghanistan.

U.S. Defense Secretary Pete Hegseth shared the image of the surveillance tower appearing to collapse. That image had circulated social media via activists prior to Hegseth sharing it.

Chabahar port, which Iran had been running with support from India, has been a repeated target of American airstrikes. Iranian state media acknowledged a third round of strikes on the facility without immediately acknowledging the tower’s collapse.

Iran described the tower as overseeing commercial traffic into the port. However, Iran’s paramilitary Revolutionary Guard also operates at ports across the country.

On Friday, Qatar twice warned the public to take shelter as a barrage of Iranian missiles targeted the nation. People heard explosions overhead as air defenses fired to intercept the missiles. Qatar’s Interior Ministry said falling debris wounded a child.

Qatar is a key mediator with Pakistan in trying to reach an end to the Iran war. But talks have broken down over Iran’s chokehold on the Strait of Hormuz.

Iran earlier targeted Bahrain and Kuwait over U.S. airstrikes hitting bridges in the Islamic Republic overnight.

Trump has returned in recent days to his threats to target Iranian power stations and bridges to try to compel Iran to loosen its hold on the strait, through which about a fifth of all oil and natural gas traded once passed in peacetime. The U.S. also reimposed a naval blockade on Iranian ports to halt its shipments of crude oil.

Week-to-week cargo shipments through the strait dropped by almost a quarter at the beginning of the month, according to Maritime data firm Lloyd’s List Intelligence. And that was before the recent surge in tit-for-tat attacks.

Given the risks, some oil shippers are transiting the strait with their location devices turned off, but many are just staying put, Lloyd’s said Thursday. A growing amount of the region’s energy is being shipped through pipelines, but not nearly enough to offset the decline in shipping through the strait.

U.S. forces have redirected three commercial vessels trying to run the blockade, disabled one that did not comply and boarded another “to ensure full compliance,” the U.S. military’s Central Command said in a post on X.

Associated Press writer Annika Wolters in Rayong, Thailand, contributed to this report.

Two men wade in the waters of the Strait of Hormuz with vessels anchored in the background, off Bandar Abbas, Iran, Sunday, July 12, 2026. (Razieh Poudat/ISNA via AP)

A man waves an Iranian flag beneath a billboard reading in English, "Who is D nexT one?" and "#lindseygraham," referring to late U.S. Sen. Lindsey Graham and using the capital letters "D" and "T" in an apparent play on the initials of U.S. President Donald Trump, in downtown Tehran, Iran, Thursday, July 16, 2026. (AP Photo/Vahid Salemi)

People walk around Tehran's traditional main bazaar, Iran, Thursday, July 16, 2026. (AP Photo/Vahid Salemi)

A woman flashes a victory sign while walking at Tehran's traditional main bazaar, Iran, Thursday, July 16, 2026. (AP Photo/Vahid Salemi)