Exelon-backed solar and energy efficiency equipment provider PosiGen has added $27m to a first tranche closed in December.

PosiGen, a US-based home energy technology provider backed by energy company Exelon, has completed a $60m series D round having raised a further $27m.

Activate Capital, Kayne Anderson and SJF Ventures put up the extra funding, which followed a December 2020 first close co-led by Builders Fund, The 2040 Fund and Emerson Collective.

Founded in 2011, PosiGen provides solar energy systems and energy efficiency equipment for homeowners through contractors across five US states and will use the series D proceeds…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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