Fundz

Erthos & Capricorn Close $17.5M Series B Financing

PRIVATEMar 01, 2022

Amount Raised

$17.5 Million

Round Type

Series B

TempeEnergySustainabilityNatural Resources

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.

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Company Information

Company

Erthos

Location

740 S. MILL AVENUE, SUITE 210

Tempe, Arizona, United States

About

Erthos is a solar power deployment platform that is fundamentally transforming the utility-scale solar industry. By building its novel technologies on a foundation of proven PV module and inverter products, it minimizes adoption risk and provides immediate bankability. Applying the principals of structural simplicity, intelligent supervision, and autonomous operation, Erthos does what no other solar power plant can do.

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Fundz sees it the moment Erthos raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsJim T., Executive OfficerSee 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

Erthos raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, 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.