leading digital investor Arcadia Power has raised $ 25 million to back expansion across all states and the acceleration of flexible services for utilities and smart home companies . It connects consumers and homeowners to renewable energy and offers smart devices , cost control and royalty - free transaction options . The series B funding was led by G2VP and included ValueAct Spring Fund , McKnight Foundation , Energy Impact Partners , Energy Capital , Wonder Ventures , Box Group and existing investors . Arcadia ’s platform has links to more than 100 companies and manages 2 % of annual demand . It has also secured over 120 MW in a community solar programme .
US digital utility Arcadia Power has raised $25m to back expansion across all states and the acceleration of flexible services for utilities and smart home companies. It connects renters and homeowners to renewable energy and offers smart devices, cost control and fee-free transaction options. The series B funding was led by G2VP and included ValueAct Spring Fund, McKnight Foundation, Energy Impact Partners, Cendana Capital, Wonder Ventures, Box Group and existing investors. Arcadia’s platform has links to more than 100 utilities and manages 2 TWh of annual demand. It has also secured over 120 MW in a community solar programme.