LevelTen Energy

07/18/2024

LevelTen Energy is celebrating the close of a $65 million Series D funding round led by B Capital! Thank you to our Series D investors, and all the investors who preceded them, for their support: Aster Capital, Constellation, Google, ICE, Microsoft’s Climate Innovation Fund, NGP, Prelude Ventures, and ZOMALAB, among others.

“Society has made strong progress in tackling climate change — but it’s still not enough,” said LevelTen Energy CEO Bryce Smith. “The next phase of the transition to a carbon-free economy will require new marketplaces, new sources of market intelligence, faster access to capital, and significant investments in emerging technologies. With this renewed financial support from our investors, LevelTen will build on our past success, and provide new solutions to the energy transition’s most pressing challenges.”

This funding will support continued growth of the LevelTen Platform and finance the company’s expansion into new markets, including granular certificates and clean hydrogen, to accelerate carbon-free energy project deployment.

Thanks to all of you — the LevelTen Network — for helping us achieve this milestone.

We made PPAs faster, but that’s just the start. Our Series D will make the next phase of our vision a reality.

03/16/2023

LevelTen Energy is collaborating with Google on a new way for clean energy buyers and sellers to enter into power purchase agreements (PPAs), reducing the time it takes by roughly 80%. Whereas traditional deals can take more than a year, this innovative approach has already enabled contracting for new “additional” clean energy in just two months. We look forward to making it widely available to more buyers, either directly or through their energy advisor or retailer, later this year. Read more about the new approach on Google's blog:

As we move toward 24/7 carbon-free energy, we developed a new approach to clean-energy power purchase agreements (PPA).

04/14/2022

LevelTen Energy is teaming up with Google, the University of Washington’s UW EarthLab, Energy GPS, and Steelhead Americas, the development arm of Vestas, to launch our Energy Scholars Mentorship Program this summer. The program aims to help address the energy sector’s opportunity gap by providing college students from underrepresented backgrounds with an immersive, fully-paid educational experience, as well as mentorship and networking opportunities that will help them enter the clean energy industry. In addition, participating Scholars will have the opportunity to reside at the University of Washington’s Seattle campus. Applications are open now; learn more here:

We’re pleased to announce that we are accepting applications for our Energy Scholars Mentorship Program, a joint initiative between LevelTen Energy, EnergyGPS, Google, the University of Washington and Steelhead Americas, the development arm of leading international renewable developer Vestas.

01/06/2022

LevelTen Energy has been named one of Seattle's "Top 50 Places to Work" in the category of "small companies" by Built In Seattle. Interested in working on a mission that matters? Want to grow your career and enjoy work/life balance with perks like unlimited PTO? Learn more about life at LevelTen — and yes, we are hiring! https://www.leveltenenergy.com/post/levelten-best-places-work

08/25/2021

We’re thrilled to share that we’ve closed a $35M Series C funding round led by NGP ETP, with participation from Google, My Climate Journey (MCJ) Collective and nearly all the investors from our previous rounds, including Constellation Technology Ventures, TotalEnergies Ventures, Equinor Ventures, Avista Development, Prelude Ventures, Techstars, Founders' Co-op, and Wireframe Ventures. Our mission is to accelerate the energy transition, and this round of funding will help us to expand our suite of renewable transaction infrastructure, including support for leaders like Google in achieving 24/7 carbon-free renewable energy usage. We thank our investors for supporting us, our customers and partners for trusting us, and our team members around the world for their relentless dedication to our mission.
https://www.leveltenenergy.com/post/series-c-funding

04/23/2021

Insightful coverage on efforts to combat climate change is more important than ever. That’s why we are proud to support the launch of Canary Media.

Canary Media is a new independent news site covering climate change.

04/21/2021

We are a finalist for GeekWire’s “Innovation of the Year” award for making it easier for companies to transition to clean energy like wind and solar. Vote to help us get the word out about tech that could transform our energy grid. https://www.surveymonkey.com/r/ZLKC266

11/25/2020

Find out what LevelTen predicts will be the hot topics in corporate renewable energy procurement in 2021.

Sponsored: To predict what corporate renewable energy buyers will be doing next year, LevelTen Energy looked toward the world’s largest technology companies.