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Venture Capital News: LevelTen Energy Pulls In $65M Series D Round

2024-07-16
SEATTLE, Wa, Today LevelTen Energy announced that it has secured approximately $65 million in a Series D funding round.
Today LevelTen Energy, the leading provider of transaction infrastructure for the energy transition, announced that it has secured approximately $65 million in a Series D funding round. The financing, which includes both new growth capital and the conversion of notes, was led by B Capital, a global multi-stage investment firm, with participation from Aster, Constellation, Google, Intercontinental Exchange, Microsoft's Climate Innovation Fund, NGP, Prelude Ventures, and ZOMA Capital, among others.

LevelTen Energy is the leading provider of transaction infrastructure for the energy transition, delivering marketplaces, software, data and analytics that accelerate carbon-free energy deals and decisions. The LevelTen Platform is the global hub for carbon-free energy transactions and insights, connecting over 1,000 project developers in 32 countries with a vast network of corporations, advisors, traders, financiers and other organizations seeking to advance carbon-free energy development. The Platform includes marketplaces for power purchase agreements, clean energy projects, and tax credit transfers, and will soon support the trading of granular certificates. In addition to building and operating marketplaces, LevelTen Energy provides automated analytics and fresh data to inform key decisions for all market participants, as well as software to help users manage business before, during and after transactions.
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