Tech Company Financing Transactions
Arcadia Funding Round
Arcadia, based in Washington, secured $50 million in funding from BoxGroup, Broadscale and Camber Creek.
Transaction Overview
Company Name
Announced On
4/11/2024
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds for growth of its community solar program, alongside product innovation leveraging AI to enable new use cases built on its trove of energy data.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
1146 19th St. NW 700
Washington, DC 20036
USA
Washington, DC 20036
USA
Phone
Website
Email Address
Overview
Arcadia Power is a nationwide renewable energy company founded with one simple mission in mind: to make our world better by changing how we power our homes and businesses.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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