Ohmconnect Raises $55M In Series D To Stabilize The Grid And Ensure A Clean Energy Future
PRIVATEJun 09, 2022
Amount Raised
$55 Million
Round Type
Series D
Oakland
Description
OhmConnect, the leading provider of residential energy flexibility, today announced a $55 million Series D round, led by ClearSky, Sidewalk Infrastructure Partners (SIP), and TELUS Ventures. Investors also include Carrier and SunPower; the strategic partnership with both companies was announced in March 2022.
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Company Information
Company
Ohm Connect
Location
Oakland, California, United States
About
The company pays its customers for saving electricity when the grid is stressed and likely to utilize dirty power, unlocking clean, affordable, and reliable energy. OhmConnect, which pays households to reduce electricity usage during times of peak demand, will use the investment to integrate with dozens of new technology and appliance companies.
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Oakland