Haven Energy, an energy tech company leading the rebuild of America's grid infrastructure through the deployment and aggregation of distributed energy resources, today announced a $40 million raise, consisting of an equity round led by Giant Ventures and a debt facility provided by Turtle Hill, with additional equity participation from California Infrastructure Bank, Carnrite Ventures, Chaac Ventures, Comcast Ventures, and Lerer Hippeau. The new funding will accelerate Haven's partnerships with utility companies and community choice aggregators (CCAs), expand its leasing model and Channel Partner Program for local installers, and support the continued buildout of one of the nation's largest virtual power plant (VPP) networks.

Haven is on a mission to transform the electric grid through the deployment and aggregation of battery storage and solar. Through strategic partnerships with utilities, non-profits, EPCs, and government agencies, Haven deploys distributed energy resources at residential and small C&I sites to build virtual power plants (VPPs) at scale.