NEW YORK, NY, BlocPower, a climate technology company, announced a fundraising round of $150 million, including over $24 million of Series B corporate equity.
BlocPower, a climate technology company focused on greening America's buildings, announced a fundraising round of $150 million, including over $24 million of Series B corporate equity led by VoLo Earth Ventures and $130 million of debt financing led by Goldman Sachs.
Microsoft Climate Innovation Fund, Credit Suisse, Builders Vision, New York State Ventures, Unreasonable Collective, Kimbal and Christiana Musk, Gaingels, Van Jones, Kapor Capital, My Climate Journey, Tale Venture Partners, and NBA superstar and entrepreneur Russell Westbrook also joined the equity round.
To date, BlocPower has raised over $250 million of capital to finance building decarbonization in low income communities.
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