Funding and M&A Roundup: Smart Home Energy Company dcbel Raises $50 Million

Solar and energy efficiency solutions provider PosiGen secures a $12 million loan

August 23, 2023

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dcbel, a smart home energy company, raised over $50 million in a Series B funding round, with participation from existing investors Volvo Cars, Coatue, Kevin Mahaffey, Real Ventures, and new investors Idealist Capital and Investissement Québec. The funding is expected to enable the company to accelerate the delivery of its home energy solutions. Pierre Larochelle, Co-Managing Partner of Idealist Capital, will be appointed to the dcbel Board of Directors.

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