Congruent Ventures is among the backers of a $33m series B round for Omnidian, having already taken part in a series A round two years ago.

Omnidian, a US-based solar energy asset servicing company, secured $33m in a series B round backed by Congruent Ventures, the sustainability-focused fund backed by University of California, yesterday.

Activate Capital led the round, which additionally attracted insurer Liberty Mutual Insurance and Wind Ventures, the corporate venture capital unit of energy firm Copec.

National Grid Partners (NGP), Evergy Ventures and Avista Development, respective investment units of utilities National Grid, Evergy and Avista, also joined the round, as did energy supplier Centrica

Thierry Heles

Thierry Heles is the former editor-at-large of Global University Venturing and Global Corporate Venturing, and was the producer and host of the Beyond the Breakthrough podcast until December 2024.