Blocpower Announces $150 Million Financing, Is Honored By Vice President Harris, Unveils Corporate Rebrand
Amount Raised
$150 Million
Round Type
Funding Round
New YorkInformation TechnologyReal EstateInvestors
Description
BlocPower, a leading climate technology company focused on greening America's buildings, today announced a fundraising round of $150 million, including over $24 million of Series B corporate equity led by VoLo Earth Ventures and $130 million of debt financing led by Goldman Sachs. Microsoft Climate Innovation Fund, Credit Suisse, Builders Vision, New York State Ventures, Unreasonable Collective, Kimbal and Christiana Musk, Gaingels, Van Jones, Kapor Capital, My Climate Journey, Tale Venture Partners, and NBA superstar and entrepreneur Russell Westbrook also joined the equity round. To date, BlocPower has raised over $250 million of capital to finance building decarbonization in low income communities.
Quick answer
BlocPower raised $150 Million in a Funding Round round, dated March 1, 2023. Investors: Russell Westbrook, Tale Venture Partners, My Climate Journey, Kapor Capital, Van Jones, Gaingels, Kimbal And Christiana Musk and Unreasonable Collective. BlocPower is based in New York, New York, United States.
- How much did BlocPower raise?
- BlocPower raised $150 Million in a Funding Round round on March 1, 2023.
- Who invested in BlocPower?
- Russell Westbrook, Tale Venture Partners, My Climate Journey, Kapor Capital, Van Jones, Gaingels, Kimbal And Christiana Musk and Unreasonable Collective are named as investors in this round.
- What does BlocPower do?
- BlocPower is upgrading America’s buildings to be smarter, greener and healthier for all—fighting the climate crisis and creating good green jobs.
- Where is BlocPower based and how big is it?
- BlocPower is based in New York, New York, United States.
Source: Fundz verified event record.
Who else raised in Real Estate around the same time
Companies in the same sectors as BlocPower that raised within 45 days of this round, from Fundz verified event records.
- VERO raised $9M (Series B) on April 11, 2023.
- Prengi raised an undisclosed amount (Seed) on April 11, 2023.
- OnsiteIQ raised $18M on April 10, 2023.
- RealSage raised $1.6M (Seed) on April 4, 2023.
- Rosarium Health raised $1.7M (Pre-Seed) on March 31, 2023.
- Neighborhood Intelligence, Inc. raised an undisclosed amount on March 30, 2023.
Who to call at BlocPower, and when
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BlocPower 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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