Tech Company Financing Transactions
Leap Funding Round
Standard Investments, Congruent Ventures and DNV joined a $12 million capital raise for Leap. The financing round was recorded on 7/18/2023.
Transaction Overview
Company Name
Announced On
7/18/2023
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Standard Investments (Lead Investor)
Union Square Ventures (Nick Grossman)
Proceeds Purpose
This new investment, we will continue to add high-value features to our platform, grow our network of technology partners and expand our value stack across geographies as we advance our mission to decarbonize the world's electric grids.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1700 Montgomery St. 200
San Francisco, CA 94111
USA
San Francisco, CA 94111
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Leap allows every connected device to help balance the grid, and get paid for it. Access wholesale markets through a single API and help build the flexible, renewable grid of the future. During peak hours when demand for energy is high, grid operators offer financial incentives to reduce energy use in order to balance the grid.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Folker
Chief Operating Officer
Remco van den Elzen
VP - Bus. Development
Andrew Hoffman
VP - Bus. Development
Jason Michaels
VP - Marketing
Stefan Nagy
Browse more venture capital transactions:
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Next: 7/18/2023: Cognaize venture capital transaction
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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