The round was led by Decarbonization Partners, a partnership between BlackRock and Temasek, with participation from MassMutual Ventures, both new investors. Existing investors Avista Development, Clean Energy Ventures, Energy Innovation Capital, Evergy Ventures, LG Technology Ventures, and Zoma Capital also participated.

ConnectDER unlocks the massive potential of Distributed Energy Resources (DERs) by turning an electricity meter socket into an all-in-one interconnection point for solar, battery storage, electric vehicle charging, and beyond, directly benefiting the user, the grid, and the environment. Our solutions accelerate interconnection, enhance safety, and eliminate typical installation costs such as in-home wiring and service panel replacements. The Company is currently approved to sell its solution in over 20 states currently covering over 16 million households.