LevelTen leverages corporates for series B round

Jun 4, 2019 • Jack Hammond

The renewable energy supply marketplace raised $20.5m in the round, which featured Exelon's Constellation Technology Ventures, Equinor Energy Ventures, Total Ventures and Avista Development.

US-based online clean energy marketplace operator LevelTen Energy has secured $20.5m in a series B round that included petroleum suppliers Equinor and Total, and energy utilities Exelon and Avista Corporation.

Venture capital firm Prelude Ventures led the round, which included Energy Ventures, Element 8 Fund, Founders’ Co-op, Techstars Ventures and Wireframe Ventures. The corporates invested through Equinor Energy Ventures, Total Ventures, Constellation Technology Ventures and Avista Development respectively.

Founded in 2016, LevelTen operates an online platform that facilitates negotiations between…

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