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David Energy Secures $19 Million In New Financing To Launch A New Kind of Electricity Supplier

David Energy Secures $19 Million In New Financing To Launch A New Kind of Electricity Supplier

02/09/21, 12:34 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgbrooklyn
Money raised
$19 million
David Energy, a new kind of electricity supplier, today announced the close of $19 million in new financing. The new capital includes a $4.1M Seed round led by Equal Ventures and a $15 million working capital facility from Hartree Partners, a global merchant commodities firm specializing in energy and its associate industries. Additional seed investors include Operator Partners, Box Group, Greycroft, Sandeep Jain and Xuan Yong of RigUp, returning angel investor Kiran Bhatraju of Arcadia, and Jason Jacobs’ recently launched MCJ Collective, an early-stage climate tech fund.

Company Info

Company
David Energy
Location
brooklyn, new york, united states
Additional Info
David Energy is a new kind of retail electricity provider whose software-driven approach slashes costs while simplifying the energy management process. The company’s solutions bring cheaper, cleaner, more resilient power while providing control to customers over their entire energy strategy. For more information, please visit: www.davidenergy.com