What is Arcadia Power?
Arcadia Power operates at the intersection of climate action and energy innovation, developing technology solutions that accelerate the transition to clean energy systems. The company focuses on making renewable energy more accessible and practical for consumers and businesses seeking to reduce their environmental impact while managing energy costs effectively. By combining technical knowledge with user-focused design, Arcadia Power addresses the practical barriers that often prevent widespread clean energy deployment, emphasizing transparency and accessibility to enable informed decisions about energy infrastructure. The company's work spans the full spectrum of clean energy solutions, from initial assessment and planning through implementation and ongoing management, serving diverse customer segments across residential, commercial, and industrial contexts.
How much funding has Arcadia Power raised?
Arcadia Power has raised a total of $547.9M across 11 funding rounds:
Series A
$6M
Debt
$5.5M
Series B
$25M
Series C
$30M
Debt
$1M
Series D
$100M
Series E
$200M
Other Financing Round
$125M
Other Financing Round
$50M
Series A (2017): $6M supported by Energy Impact Partners, BoxGroup, and Wonder Ventures
Debt (2018): $5.5M, investors not publicly disclosed
Series B (2018): $25M backed by Cendana Capital, G2 Venture Partners, McKnight Foundation, Wonder Ventures, Energy Impact Partners, ValueAct Spring Fund, and BoxGroup
Series C (2019): $30M with participation from G2 Venture Partners, ValueAct Spring Fund, Macquarie, Mitsui USA, Energy Impact Partners, BoxGroup, and Seek Ventures
Debt (2020): $1M led by PPP
Series D (2021): $100M supported by Council for Inclusive Capitalism, G2 Venture Partners, Reimagined Ventures, Camber Creek, MCJ Collective, Wellington Management, Energy Impact Partners, Tiger Global Management, The Drawdown Fund, and Boxgroup Ventures
Series E (2022): $200M featuring Keyframe, Triangle Peak Partners, Camber Creek, J.P. Morgan Asset Management, and Broadscale Group
Other Financing Round (2022): $125M backed by Keyframe, Magnetar Capital, and Green Investment Group
Other Financing Round (2024): $50M with participation from JPMorgan Chase, Macquarie, and Energy Impact Partners
Key Investors in Arcadia Power
Energy Impact Partners
Energy Impact Partners is an investment firm dedicated to transforming the energy industry towards a decarbonized, decentralized, digitized, and electrified future. They collaborate with leading innovators and major energy companies to foster a cleaner and more resilient energy landscape.
BoxGroup
BoxGroup is an early-stage investment fund that focuses on technology companies across various sectors including climate, fintech, and software. They invest in visionary ideas and support ventures that range from developer tools to marketplaces and frontier tech.
G2 Venture Partners
G2 Venture Partners partners with innovative companies that leverage transformative technologies to revolutionize traditional industries, aiming to shape societal living and working conditions. They invest in technology companies at critical growth stages to promote a sustainable future.
What's next for Arcadia Power?
With its latest major strategic investment, Arcadia Power is poised to further enhance its technological capabilities and expand its market reach. The company's continued access to significant capital, including enterprise-level funding, indicates a strong market confidence in its mission to drive clean energy adoption. Future initiatives are likely to focus on scaling its innovative platforms, forging new partnerships within the energy ecosystem, and developing advanced solutions to meet the growing global demand for sustainable energy. This strategic financing will empower Arcadia Power to solidify its position as a leader in the clean energy transition.
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