Overview
Lunar Energy has raised $232 million in financing through a $130 million Series C and an oversubscribed $102 million Series D. The Series D was led by B Capital and Prelude Ventures, while Activate Capital led the Series C. The funding will support the nationwide expansion of its home battery systems and the scaling of its AI-driven software platform, Lunar Gridshare, addressing rising electricity demand and grid complexity.
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Investors: B Capital, Prelude Ventures, Activate Capital
Lunar Energy has raised $232 million in financing through a $130 million Series C and an oversubscribed $102 million Series D. The Series D was led by B Capital and Prelude Ventures, while Activate Capital led the Series C. The funding will support the nationwide expansion of its home battery systems and the scaling of its AI-driven software platform, Lunar Gridshare, addressing rising electricity demand and grid complexity.
Investors: B Capital, Prelude Ventures, Activate Capital
Lunar Energy, a California-based company, has raised $232 million in two funding rounds to enhance its home battery business and scale its AI-powered virtual power plant software. The oversubscribed $102 million Series D round was led by B Capital and Prelude Ventures, following a $130 million Series C led by Activate Capital. The funding aims to expand its home battery systems nationwide and support the growth of its Gridshare platform, which manages around 650 megawatts of devices globally, providing financial benefits to homeowners.