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Venture Capital News: David Energy Raises $23 Million

2024-09-23
NEW YORK, NY, David Energy, a gridtech company, announced today that it has secured $23 million in funding led by Cathay Innovation.
David Energy, a trailblazing gridtech company, announced today that it has secured $23 million in funding to transform the retail energy market and make a clean energy grid a reality. The investment was led by Cathay Innovation, with participation from prior investors Union Square Ventures, Keyframe Capital, Equal Ventures, and BoxGroup, among others. The new funds will support David Energy's mission to run the grid 24/7/365 on clean energy.
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