LevelTen Energy Raises $65M to Expand Clean Energy Markets
LevelTen Energy Raises $65M to Expand Clean Energy Markets
LevelTen Energy has secured $65 million in Series D funding to strengthen its clean energy business platform and expand into new markets. Founded in 2016, LevelTen specializes in connecting buyers and sellers of renewable energy with its marketplace and software tools. The funding round, led by B Capital and supported by major investors such as Google and Microsoft's Climate Innovation Fund, highlights the growing demand for scalable solutions in renewable energy.
The investment will fuel LevelTen's expansion efforts, allowing it to launch carbon-free energy projects and enter emerging markets such as clean hydrogen. The company's platforms, including LevelTen Energy Marketplace and Asset Marketplace, facilitate the buying and selling of clean energy assets and power purchase agreements (PPAs). In addition, LevelTen offers data products that provide critical market insights for pricing and procurement decisions. With this funding, LevelTen aims to improve its infrastructure and support a wider range of buyers and sellers worldwide.
It also focuses on expanding its geographic footprint and integrating technologies that optimize the transfer of federal clean energy tax credits. Overall, the funding aims to accelerate LevelTen's mission to advance sustainable energy solutions and respond to the changing needs of the renewable energy market..
It also focuses on expanding its geographic footprint and integrating technologies that optimize the transfer of federal clean energy tax credits. Overall, the funding aims to accelerate LevelTen's mission to advance sustainable energy solutions and respond to the changing needs of the renewable energy market..
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