Monday, June 3, 2019

LevelTen Energy Finds $20.5M In Series B

Seattle-based LevelTen Energy, LevelTen said on Monday that it has raised a new round of funding. LevelTen--which is an alumni of the Techstars accelerator programs--said it raised $20.5M in a Series B funding. The funding was led by Prelude Ventures, with participation from Constellation Technology Ventures, the venture investing arm of Exelon Corporation, and also included Equinor Energy Ventures, Total Ventures and Series A investors, which include Avista Development, Element 8 Fund, Founders’ Co-op, Techstars Ventures and Wireframe Ventures. LevelTen Energy says it has now raised a total of $27.3M. The company operates an online, renewable energy procurement marketplace.