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.
