Planted Solar raised $20M in a Series A funding round led by Breakthrough Energy Ventures and Khosla Ventures to launch and scale up its solar power deployment product.
Planted Solar raised $20M in a Series A funding round led by Breakthrough Energy Ventures and Khosla Ventures to launch and scale up its solar power deployment product.
06/19/24, 8:53 AM
Location
oaklandMoney raised
$20 million
Industry
solar
renewable energy
energy
Round Type
series a
Investors
Khosla Ventures, Breakthrough Energy Ventures
Planted Solar, a company based in Oakland, California, has emerged from stealth mode and announced the closing of a Series A funding round worth USD 20 million. The funding round was backed by Breakthrough Energy Ventures and Khosla Ventures. The company also secured an 11 MW partnership with US distributed solar and storage project developer Cultivate Power to deliver community solar developments in the Chicago area.
Company Info
Location
oakland, california, united states
Additional Info
Planted Solar has reinvented the solar power plant from design to installation with a rapid solar deployment platform to generate 2x more energy per acre, complete projects 3x as fast, and dramatically accelerate solar development throughput. Planted Solar uses development software and construction robots to build flexible, all-terrain, high-density power plants on previously unviable land. Backed by Breakthrough Energy Ventures and Khosla Ventures, Planted Solar's mission is to rapidly power the world with clean and abundant energy.