GBA Member Companies Attract New Funding Rounds!

29 June: Cleartrace announced $20 million in financing led by ClearSky with investment from Brookfield Renewable, EDF Energy North America, Tenaska, and Exelon to help companies reach decarbonization goals. Funding to accelerate growth for Cleartrace’s advanced carbon and energy management platform serving real estate portfolios, financial institutions, data centers and renewable energy suppliers. 

9 June: OhmConnect announced a $55 million Series D fundraising round, to help stabilize the grid and ensure a clean energy future. Lead investors include ClearSky, Sidewalk Infrastructure Partners and Telus Ventures. Investors also include Carrier and SunPower, as well as other investors. The funding will enable expansion into new markets, accelerate residential energy flexibility, and help prevent blackouts.

18 May: UtilityAPI announced $10 million in Series A funding led by Aligned Climate Capital, with participation from ZOMA Capital. The Series A funds will be used to revolutionize the energy market by boosting utility data access to generate energy savings at scale. The funds will serve to expand the company’s ability to satisfy the exploding market for utility-level data sharing platforms.