Fundz

King Energy raised $10M in a seed funding round led by ArcTern Ventures to install solar panels on commercial buildings and sell the electricity to tenants.

PRIVATEOct 16, 2024

Amount Raised

$10 Million

Round Type

Seed

DurangoEnvironmental Services

Investors

ArcTern Ventures

Description

King Energy has secured a $10 million seed round to further its mission of installing solar panels on commercial buildings. The startup's innovative software addresses common landlord concerns regarding solar adoption by simplifying the billing process for tenants.

Quick answer

King Energy raised $10 Million in a Seed round, dated October 16, 2024. Investors: ArcTern Ventures. King Energy is based in Durango, Colorado, United States.

How much did King Energy raise?
King Energy raised $10 Million in a Seed round on October 16, 2024.
Who invested in King Energy?
ArcTern Ventures is named as investors in this round.
What does King Energy do?
King Energy deploys and manages solar programs for multi-tenant commercial properties, such as shopping centers, office buildings and industrial complexes.
Where is King Energy based and how big is it?
King Energy is based in Durango, Colorado, United States. Fundz records about 69 employees.
Who are the decision-makers at King Energy?
Fundz holds 1 contact at King Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Environmental Services around the same time

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

  • Epic Cleantec raised $12M (Series B) on November 21, 2024.
  • SeaO2 raised $2M (Seed) on November 5, 2024.
  • Octavia Carbon raised $5M (Seed) on October 16, 2024.
  • Onlygood raised $500K (Seed) on October 10, 2024.
  • Puraffinity raised $8.7M (Series A) on September 10, 2024.
  • Ucaneo raised $7.5M (Seed) on September 10, 2024.

Who to call at King Energy, and when

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Company Information

Company

King Energy

Location

Durango, Colorado, United States

About

King Energy deploys and manages solar programs for multi-tenant commercial properties, such as shopping centers, office buildings and industrial complexes. King Energy pays property owners rent to use open roof space and deploys solar infrastructure at its own expense, turning unused roof tops into a source of rental income and renewable energy. King Energy uses market-leading technology and an innovative financing model to create financial value for property owners and building tenants, creating a financially viable way to speed the adoption of clean energy by US retail centers and business parks.

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King 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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