Daylight Energy raised 75 million USD, with 15 million USD in equity led by Framework Ventures and including major investors like a16z Crypto and Lerer Hippeau. Additionally, 60 million USD in project financing was provided by Turtle Hill Capital.
The company incentivizes solar installations and energy storage through cryptocurrency, generating subscription-based revenue. Their DayFi Income Agreement tokenizes electricity revenue, currently served in Illinois and Massachusetts, with potential DeFi financing expansion planned for Q4.
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