Tech Company Financing Transactions
BrightNight Funding Round
BrightNight closed a $440 million funding round on 10/7/2024. Investors included Goldman Sachs Investment Partners.
Transaction Overview
Company Name
Announced On
10/7/2024
Transaction Type
Venture Equity
Amount
$440,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This investment, together with existing capital commitments from institutional investors, is expected to fully fund BrightNight's five-year business plan and advance the execution of its 31-gigawatt renewable power project portfolio, which includes solar, energy storage, and hybrid solutions.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
515 N Flagler Drive 250
West Palm Beach, FL 33401
USA
West Palm Beach, FL 33401
USA
Phone
Website
Email Address
Overview
BrightNight is proud to introduce its proprietary software PowerAlpha, an industry-leading AI technology designed to optimize the development, design, and operation of our renewable power solutions. PowerAlpha uncovers the ideal design, resource mix, and operational strategy for each project ensuring our customers realize maximum benefit.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Martin Hermann
Chief Financial Officer
Brian Boland
Chief Financial Officer
David Grigsby
Chief Technical Officer
Kiran Kumaraswamy
VP - Bus. Development
Ron Kiecana
VP - General Counsel
Duane Duclaux
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We do our best to report on every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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