Data center orchestration software firm Emerald AI is raising around $100 million, which could value the company at more than $1 billion.

According to reporting from Axios, the startup is seeking to raise more cash just three months after closing its last funding round, in which it raised $25 million in seed extension funding. That funding round was the company’s third and brought its total proceeds raised to $67.5m.

The funding is expected to support the deployment of the company’s flagship product, the Emerald Conductor program. The Emerald Conductor serves as a mediator between the grid and data centers, orchestrating AI workloads in real time. This enables data centers to dynamically adjust their energy consumption, supporting grid stability while ensuring acceptable AI compute performance.

The company has completed several demonstration projects to prove its system works within real-world data center environments. So far, it has completed two in the US, in Phoenix and Chicago, and one in the UK in partnership with the National Grid.

According to the company, all three demonstrations have proved the efficacy of its technology, with its latest in the UK successfully simulating more than 200 real-time “grid events” to test the Conductor’s ability to dynamically adjust the data center’s power consumption. It announced its fourth in April, in partnership with the California municipal utility Silicon Valley Power (SVP) in Santa Clara, California.

The company announced its first commercial project in October, with the orchestration software set to be deployed at Nvidia’s under-construction 96MW Aurora data center in Manassas, Virginia.

The company is a member of the Nvidia Inception program for startups and is also backed by Google’s chief sustainability officer, Kate Brandt.