Funding and M&A Roundup: Tesseract Raises $78 Million in Funding
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Tesseract, a vertically integrated company that purchases energy from generators at fixed prices and then offers it to consumers, raised $78 million to buy and build selected renewable energy assets and support the development of its platform. The round was co-led by Balderton and Lakestar, with additional participation from Accel, Creandum, Lowercarbon, Ribbit, and BoxGroup, along with several strategic angels.
