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LevelTen Energy raised $65M in Series D funding led by B Capital and other investors to accelerate carbon-free energy deals and expand into new geographies.

Jul 16, 2024over 1 year ago

Amount Raised

$65 Million

Round Type

series d

SeattleRenewable Energy

Investors

Zoma CapitalPrelude VenturesNgpMicrosoft’s Climate Innovation FundIntercontinental Exchange, Inc. (Nyse:Ice)GoogleConstellationAsterB Capital

Description

LevelTen Energy, a provider of transaction infrastructure for the energy transition, raised $65M in Series D funding. The round was led by B Capital, with participation from Aster, Constellation, Google, Intercontinental Exchange, Inc. (NYSE:ICE), Microsoft’s Climate Innovation Fund, NGP, Prelude Ventures, and ZOMA Capital, among others. The funds will be used to unlock the full potential of round-the-clock carbon-free energy supply, expand into new geographies, support more types of buyers and sellers, and decarbonize heavy industry and support clean hydrogen.

Company Information

Company

LevelTen Energy

Location

2211 Elliott Ave

Seattle, Washington, United States

About

LevelTen Energy is the leading provider of renewable transaction infrastructure. The LevelTen Platform connects renewable energy buyers, advisors and sellers online, and gives them the tools, data and services they need to get better deals done faster.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech