Series B · Climate tech
Branch Energy raises $33M Series B for expansion beyond Texas
Branch Energy raised $33 million in Series B financing co-led by Piva Capital and Clean Energy Ventures in September.
Whitecap Venture Partners, Inovia Capital, Zero Infinity Partners, Prelude Ventures and Active Impact Investments also participated.
The company plans to expand Arc battery systems into Illinois and the broader PJM region. The round follows commercial deployments in Texas, where Branch operates storage systems for warehouses, hotels, factories and retail sites.
Use of funds
Expand Arc systems into new markets, including Illinois and PJM territory
Funding history
Series B · This round$33M