Fundz
Free weekly newsletter

Get the free weekly contract digest

The new new contracts, who’s behind them, and what they mean — delivered to your inbox every week. No credit card, unsubscribe anytime.

Weekly Digest

New new contracts, summarized for you

Straight to Inbox

No login, no app to check — it comes to you

Contract Trends

See who's moving and how much in your market

No credit card required Weekly contract digest

Equilibrium Energy Raises $39 Million in Series B to Expand Operations and Partnerships

Oct 21, 2024•over 1 year ago

Contract Type

partnership

San FranciscoCommercial

Description

Equilibrium Energy has announced market entry into California and signed new battery tolls with top-tier developer Ormat. The company also closed a $39 million Series B venture fundraising led by DCVC and including top-tier institutional investors Breakthrough Energy Ventures and Valo Ventures. This new funding will support the continued build-out of Equilibrium’s industry-leading power volatility management platform and the growth of its commercial businesses.

Company Information

Company

Equilibrium Energy

Location

San Francisco, California, United States

About

Equilibrium Energy is a technology company building a next-generation clean power company. Its mission is to accelerate society’s transition to climate and energy equilibriums. Founded in 2021, Equilibrium operates at the intersection of cutting-edge AI, power systems fundamentals, modern software, novel commercial structuring, and dynamic risk management across the power value chain. Equilibrium is being built by experts with decades of experience in energy, science, and software. Equilibrium thrives on supporting its partners’ efforts to tackle climate change.

Related People

Suggested for you

Choose your plan to reveal verified contacts

Choose your plan to reveal verified contacts

Predictive Intelligence
Strategic

ML-powered predictions for Equilibrium Energy's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.