C&I Renewables Marketplace LevelTen Draws Investments From Total and Equinor

By [email protected] LevelTen Energy, a marketplace for corporate and industrial (C&I) renewable energy procurement, announced a fundraising round of $20.5 million on Monday. The latest fundraise is significantly higher than its previous round of $6.8 million.

CEO Bryce Smith created LevelTen in 2016 with a vision to make clean energy purchases easier for a wider array of companies. In 2018, the company launched its marketplace. Smith said the funding round affirms its business model, which he said has increased access to the renewables market for more companies.

“We have demonstrated there is a hunger for this type of marketplace,” said Smith.

So far, LevelTen claims

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