Dcbel Closes Usd $50M+ Series B For Its Breakthrough Bidirectional Home And Ev Energy Station
Amount Raised
$50 Million
Round Type
Series B
MontrealEnergyRenewable EnergyInvestors
Description
Smart home energy company dcbel and existing investors Volvo Cars, Coatue, Kevin Mahaffey and Real Ventures are welcoming Idealist Capital following the closing of a successful USD $50M+ Series B. Looking to build upon the tradition of clean energy innovation in the region, Investissement Québec will also be participating in the Series B. This up-round financing will enable dcbel to accelerate delivery of the Home Energy Station within its targeted territories. dcbel empowers homeowners to take control of their energy by leveraging renewable assets such as solar panels, stationary batteries and their electric vehicle (EV) to avoid blackouts, save money when energy prices peak, and earn money while contributing to the stability of the grid.
Quick answer
dcbel raised $50 Million in a Series B round, dated August 17, 2023. Investors: Investissement Québec, Real Ventures, Kevin Mahaffey, Coatue, Volvo Cars and Idealist Capital. dcbel is based in Montreal, Quebec, Canada.
- How much did dcbel raise?
- dcbel raised $50 Million in a Series B round on August 17, 2023.
- Who invested in dcbel?
- Investissement Québec, Real Ventures, Kevin Mahaffey, Coatue, Volvo Cars and Idealist Capital are named as investors in this round.
- What does dcbel do?
- dcbel develops technology and designs products that put people at the center of the modern energy ecosystem.
- Where is dcbel based and how big is it?
- dcbel is based in Montreal, Quebec, Canada.
- Who are the decision-makers at dcbel?
- Fundz holds 1 contact at dcbel. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as dcbel that raised within 45 days of this round, from Fundz verified event records.
- Oneka Technologies raised $9.3M (Series A) on September 25, 2023.
- Red Leaf Pulp Ltd raised an undisclosed amount (Funding Round) on September 19, 2023.
- HPNow raised $15M (Funding Round) on September 19, 2023.
- Skyqraft raised $3.8M (Seed) on September 18, 2023.
- Mojave Energy Systems raised $13M (Funding Round) on September 18, 2023.
- Krucial raised $3.7M (Seed) on September 12, 2023.
Who to call at dcbel, and when
A new round usually means dcbel is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day dcbel raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at dcbel, from your own LinkedIn network
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What this usually meansdcbel 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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