The alternative energy company has raised $25m in a series C round featuring existing investor Total.

US-based alternative energy company Agilyx secured $25m in series C financing on Friday, with Total Energy Ventures, the corporate venturing fund belonging to oil and gas conglomerate Total, and environmental service company Waste Management among the backers.

Pre-IPO investment firm Keating Capital supplied $4m of the sum, joining existing investors in the round including waste and venture capital firms Kleiner Perkins Caufield & Byers, Saffron Hill Ventures and Chrysalix Energy Venture Capital, and investment firm Reference Capital.

Aside from Keating,…

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