LevelTen Energy raises $20.5M in Series B; expanding renewable energy procurement platform

By mmillikin LevelTen Energy, a renewable energy procurement platform, closed a $20.5-million Series B funding round led by Prelude Ventures, with participation from Constellation Technology Ventures, the venture investing arm of Exelon Corporation, Equinor Energy Ventures, Total Ventures and participants from LevelTen’s Series A funding, including Avista Development, Element 8 Fund, Founders’ Co-op, Techstars Ventures and Wireframe Ventures.

This latest round of funding brings the company’s total investment to $27.3 million. As part of the financing, Tim Woodward, managing director at Prelude Ventures, will join LevelTen Energy’s board of directors.

LevelTen Energy, a Techstars accelerator alum, was founded in 2016 to expand the

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