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Dandelion Energy Closes $70M Series B1 Funding Round To Scale Geothermal Heating And Cooling Solution To Meet Surging Demand

PRIVATENov 15, 2022

Amount Raised

$70 Million

Round Type

Series B

Mt KiscoEnergyConstruction

Investors

Building VenturesCollaborative FundBreakthrough Energy Ventures

Description

Dandelion Energy, the nation's leading residential geothermal company, today announced the closure of a $70M B1 funding round co-led by LENX, the corporate venture arm of Lennar, one of the nation's leading homebuilders, and NGP ETP, the energy transition investing platform of NGP. The funding round included participation from Breakthrough Energy Ventures, NEA, GV, Collaborative Fund, and Building Ventures.

Quick answer

Dandelion Energy raised $70 Million in a Series B round, dated November 15, 2022. Investors: Building Ventures, Collaborative Fund and Breakthrough Energy Ventures. Dandelion Energy is based in Mt Kisco, New York, United States.

How much did Dandelion Energy raise?
Dandelion Energy raised $70 Million in a Series B round on November 15, 2022.
Who invested in Dandelion Energy?
Building Ventures, Collaborative Fund and Breakthrough Energy Ventures are named as investors in this round.
What does Dandelion Energy do?
Dandelion is a home geothermal company offering affordable geothermal installations that provide heating, cooling and hot water to homes by exchanging heat with the ground beneath them.
Where is Dandelion Energy based and how big is it?
Dandelion Energy is based in Mt Kisco, New York, United States.
Who are the decision-makers at Dandelion Energy?
Fundz holds 1 contact at Dandelion Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Construction around the same time

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

  • TYLin raised $82M on November 25, 2022.
  • Kore Infrastructure raised $219K (Seed) on December 30, 2022.
  • Li-FT Power Ltd raised $773K (Seed) on December 30, 2022.
  • Bell Copper Corp raised $100K (Seed) on December 28, 2022.
  • Ontario Smart Energy raised an undisclosed amount (Funding Round) on December 27, 2022.
  • Samara raised $4.8M (Seed) on December 26, 2022.

Who to call at Dandelion Energy, and when

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Company Information

Company

Dandelion Energy

Location

333 N Bedford Rd, Suite 220

Mt Kisco, New York, United States

About

Dandelion is a home geothermal company offering affordable geothermal installations that provide heating, cooling and hot water to homes by exchanging heat with the ground beneath them. Dandelion became an independent company in Spring 2017, after getting started at X , "the innovation engine of Alphabet."​

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Related People

1 contact
Verified contacts18 people are listed at Dandelion Energy. We don't have their email yet.See plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Dandelion Energy 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.