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Arcadia Raises $100M Series D

2021-09-15
WASHINGTON, DC, Arcadia, a climate-crisis-fighting technology company, announced a $100M Series D funding led by Tiger Global Management and the Drawdown Fund.
Arcadia, a climate-crisis-fighting technology company unlocking nationwide access to energy data and renewables, announced a $100 million Series D funding round led by Tiger Global Management and the Drawdown Fund with participation from new investors Wellington Management, Reimagined Ventures (the family office of Alec Litowitz, founder of Magnetar Capital), Camber Creek, MCJ Collective.

The round also included existing investors Energy Impact Partners, G2 Venture Partners, Inclusive Capital, and BoxGroup. Combined with the company's previously undisclosed $21 million Series C-1 in December 2020, Arcadia has now raised $180 million in total funding.
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