Euclid Power, a US-based renewable energy platform, has secured $20 million in Series A funding led by Venrock. The company was founded four years ago to accelerate renewable energy project development. Rising US electricity demand is projected to increase 25 percent by 2030, straining grids and extending fossil fuel use. Euclid Power has developed an AI-driven platform that organizes documents, emails, and data into structured processes. The system has supported over 1,000 solar and storage projects worth $10 billion. Co-founders, with prior experience deploying $3 billion at Goldman Sachs, observed delays and cancellations caused by inefficiencies. The new funding is being used to scale platform features, expand program management and compliance services, and enable faster transactions. Additional investors included Spero Ventures, HSBC Asset Management, and Toba Capital Ventures.