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Branch Energy Raises $10.8 Million Series A Funding for Texas Clean Energy Initiatives
Aug 07, 2024•almost 2 years ago
Contract Type
partnership
HoustonEnergySustainabilityScience And Engineering
Description
Branch Energy, a vertically integrated power provider, raised $10.8 million in a Series A funding round led by Prelude Ventures and Zero Infinity Partners to accelerate the development of Branch Energy’s battery management platform and its field services infrastructure. Branch Energy identified Texas as its first market due to the increasing stress on the state’s grid from extreme weather events, and aims to provide 100% clean energy at lower costs to help avoid blackouts.
Company Information
Company
Branch Energy
Location
Houston, Texas, United States
About
Branch Energy is a technology company that makes it easy for consumers to lower their energy bills and carbon footprint while providing dramatically better customer experiences than incumbents. Branch Energy uses data & AI to determine which smart devices reduce a consumer’s energy bill the most and then helps them finance and install those devices - saving customers money while they clean up their energy usage.
Predictive Intelligence
Strategic
ML-powered predictions for Branch Energy's next move
HoustonEnergySustainabilityScience And Engineering