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Planted Solar raised $20M in a Series A funding round led by Breakthrough Energy Ventures and Khosla Ventures to launch and scale up its solar power deployment product.

PRIVATEJun 19, 2024

Amount Raised

$20 Million

Round Type

Series A

OaklandEnergyRenewable EnergySolar

Investors

Khosla VenturesBreakthrough Energy Ventures

Description

Planted Solar, a company based in Oakland, California, has emerged from stealth mode and announced the closing of a Series A funding round worth USD 20 million. The funding round was backed by Breakthrough Energy Ventures and Khosla Ventures. The company also secured an 11 MW partnership with US distributed solar and storage project developer Cultivate Power to deliver community solar developments in the Chicago area.

Quick answer

Planted Solar raised $20 Million in a Series A round, dated June 19, 2024. Investors: Khosla Ventures and Breakthrough Energy Ventures. Planted Solar is based in Oakland, California, United States.

How much did Planted Solar raise?
Planted Solar raised $20 Million in a Series A round on June 19, 2024.
Who invested in Planted Solar?
Khosla Ventures and Breakthrough Energy Ventures are named as investors in this round.
What does Planted Solar do?
Planted Solar has reinvented the solar power plant from design to installation with a rapid solar deployment platform to generate 2x more energy per acre, complete projects 3x as fast, and dramatically accelerate solar..
Where is Planted Solar based and how big is it?
Planted Solar is based in Oakland, California, United States.
Who are the decision-makers at Planted Solar?
Fundz holds 1 contact at Planted Solar. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

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

  • MARCLEY raised $4.3M (Seed) on July 31, 2024.
  • BluPine Energy raised $29M (Funding Round) on July 29, 2024.
  • Greenely raised $8.7M (Series A) on July 26, 2024.
  • Naked Energy raised $22M (Series B) on July 15, 2024.
  • Sircel raised $5M (Funding Round) on July 11, 2024.
  • Orus Energy raised $2.4M (Pre-Seed) on July 5, 2024.

Who to call at Planted Solar, and when

A new round usually means Planted Solar is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Planted Solar raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Planted Solar

Location

Oakland, California, United States

About

Planted Solar has reinvented the solar power plant from design to installation with a rapid solar deployment platform to generate 2x more energy per acre, complete projects 3x as fast, and dramatically accelerate solar development throughput. Planted Solar uses development software and construction robots to build flexible, all-terrain, high-density power plants on previously unviable land. Backed by Breakthrough Energy Ventures and Khosla Ventures, Planted Solar's mission is to rapidly power the world with clean and abundant energy.

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

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Planted Solar 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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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.