Collaborative Fund led a $50m Series B round in Phaidra.

Collaborative Fund, a venture capital firm, led a $50m Series B round in Phaidra, an artificial intelligence virtual plant operators, with participation from Helena, Index Ventures, NVIDIA and Sony Innovation Fund. "Collaborative Fund has always believed that the most transformative companies are those that marry profit with purpose. Phaidra is tackling AI's biggest bottleneck, energy consumption, in collaboration with NVIDIA, the global leader in compute," Sophie Bakalar, Collaborative Fund Partner.