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Arcadia Raises $125 Million To Accelerate Digital Decarbonization

PUBLIC · RKDADec 16, 2022

Amount Raised

$125 Million

Round Type

Funding Round

BostonEnergySustainabilityinformation technology & services

Investors

Macquarie Asset Management's Green Investment GroupKeyframe CapitalMagnetar Capital

Description

Arcadia, the technology company enabling the global energy transition, today announced it has raised $125 million in new funding led by Magnetar Capital, with existing investor Keyframe Capital participating. Macquarie Asset Management's Green Investment Group also participated in the round. Eric Scheyer, Partner and Head of Energy and Infrastructure at Magnetar, will join the Arcadia Board of Directors.

Who else raised in Energy and Sustainability around the same time

Companies in the same sectors as Arcadia that raised within 45 days of this round, from Fundz verified event records.

  • Zeta Energy raised $4M (Seed) on January 11, 2023.
  • Comstock raised $3.1M on December 16, 2022.
  • Sun King raised an undisclosed amount (Series D) on December 15, 2022.
  • Natron Energy raised an undisclosed amount (Funding Round) on November 30, 2022.
  • Erthos raised $1M (Series B) on November 22, 2022.
  • Metaspectral raised $4.7M (Seed) on November 16, 2022.

Who to call at Arcadia, and when

A new round usually means Arcadia is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Arcadia

Location

711 Atlantic Ave

Boston, Massachusetts, United States

About

Arcadia is a climate crisis-fighting technology company founded in 2014 and born out of a simple idea: everyone deserves access to clean energy. Arcadia is disrupting the fossil fuel monopoly through unprecedented access to energy data and renewable energy sources. The Arcadia Platform fuels the Internet-of-energy revolution by accessing more than 80 percent of US electric utility accounts nationwide and is the largest manager of community solar subscribers in the United States. Arcadia is obsessed with making energy smarter and turning a decentralized, decarbonized power grid from a distant dream into a tangible reality. Join us in our mission and find out how you or your business can help achieve the vision of a 100 percent clean energy future at www.arcadia.com.

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Related People

1 contact
Verified contactsKiran B., CEO hidden hidden hiddenSee plans and pricing
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Arcadia raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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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 Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.