Amount Raised
$17.5 Million
Round Type
Series B
Description
Erthos, Inc., a solar energy technology company focused on breakthrough advances for utility-scale solar, today announced the closing of its $17.5M Series B financing round, led by Capricorn Investment Group, known for investing in iconic companies including Tesla and SpaceX. The investment was made by Capricorn’s Technology Impact Fund, a venture capital partnership that invests in companies developing novel technologies and business models to propel a new wave of renewable companies and infrastructure. Aimed at accelerating market entry, the funds will be used to double headcount and to support further product development in the areas of robotic cleaning, system analytics, and modeling software.
Quick answer
Erthos raised $17.5 Million in a Series B round, dated March 1, 2022. Erthos is based in Tempe, Arizona, United States.
- How much did Erthos raise?
- Erthos raised $17.5 Million in a Series B round on March 1, 2022.
- What does Erthos do?
- Erthos is a solar power deployment platform that is fundamentally transforming the utility-scale solar industry.
- Where is Erthos based and how big is it?
- Erthos is based in Tempe, Arizona, United States.
- Who are the decision-makers at Erthos?
- Fundz holds 1 contact at Erthos, including the Executive Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Sustainability around the same time
Companies in the same sectors as Erthos that raised within 45 days of this round, from Fundz verified event records.
- Enerkem raised $255M (Funding Round) on April 6, 2022.
- Xpansiv raised $22M on April 5, 2022.
- LG Energy Solution Ltd raised $1.4B on March 24, 2022.
- Planetary Technologies raised $7.8M (Funding Round) on March 17, 2022.
- Validere raised $43M (Funding Round) on March 15, 2022.
- Aurora Solar raised $200M on March 2, 2022.
Who to call at Erthos, and when
A new round usually means Erthos is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Erthos raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Erthos, from your own LinkedIn network
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Funding Insights
What this usually meansErthos 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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